28.6k views
1 vote
A researcher wants to estimate the number of households with two cars. What sample size is needed to be 95% confident that the sample proportion will not differ from the true proportion by more than 6%? Previous studies suggest that the proportion of households with two cars is 23%.

User Asudhak
by
8.8k points

1 Answer

4 votes

Final answer:

To be 95% confident that the sample proportion does not differ from the true proportion of households with two cars by more than 6%, a sample size calculation using a standard formula shows that approximately 268 households need to be surveyed.

Step-by-step explanation:

A researcher who wants to estimate the number of households with two cars and to be 95% confident that the sample proportion will not differ from the true proportion by more than 6% can use a sample size formula for a proportion. The formula is n = (Z^2 * p * (1-p)) / E^2, where Z is the Z-score corresponding to the desired confidence level (1.96 for 95% confidence), p is the estimated proportion of the population with the characteristic, and E is the margin of error.

Substituting the values: n = (1.96^2 * 0.23 * (1-0.23)) / 0.06^2, we calculate the sample size needed.

When calculating, we find that the sample size needed is approximately 267 households. Since we cannot survey a fraction of a household, we round up to the next whole number, resulting in a required sample size of 268 households. Sample size, confidence interval, and margin of error are crucial in this calculation.

User Myridium
by
8.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories