A prior study determined the point estimate of the population proportion as 58% ( = 0.58). The analysts decide to conduct a second study on the same topic and would like its margin of error, E, to be 4% when its confidence level is 95% (z*-score of 1.96). What is the minimum sample size that should be used so the estimate of will be within the required margin of error of the population proportion? n = (1 – ) • 12 23 585 808

Respuesta :

The minimum sample size required for a test with a confidence interval of [tex]100(1 - \alpha )%[/tex] with a z-score of [tex]z_{ \alpha /2}[/tex] and margin of error of E and a population proportion of p is given by:

[tex]n= \frac{p(1-p)z_{ \alpha /2}^2 \alpha }{E^2} [/tex]

Given p = 58% = 0.58, E = 4% = 0.04, [tex]z_{ \alpha /2}=1.96[/tex]

Therefore, 

[tex]n= \frac{0.58(1-0.58)(1.96)^2}{0.04^2} \\ \\ = \frac{0.58(0.42)(3.8416)}{0.0016} = \frac{0.93581376}{0.0016} \\ \\ =584.88=585[/tex]

Answer:

585

Step-by-step explanation:

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