Step 1 Recall that for a 95% confidence level, the formula for the sample size n required to estimate a population proportion p with a margin of error M. 2. 1.96 n = p(1 – p) M. We are asked to...


Step 1<br>Recall that for a 95% confidence level, the formula for the sample size n required to estimate a population<br>proportion p with a margin of error M.<br>2.<br>1.96<br>n = p(1 – p)<br>M.<br>We are asked to suppose we wanted to conduct a survey to estimate the proportion of Americans who would<br>like to have an Internet connection in their car. We want to determine how large a random sample would be<br>required to estimate this proportion with a margin of error of 0.05. Therefore, M = 0.05<br>0.05<br>Step 2<br>The true value of the population proportion p is unknown. To use the formula for sample size, we must have<br>an estimate of p. We are given that a preliminary survey of adult Americans suggests that p is around 0.30, so<br>we can use that value as an estimate of p. Therefore, p =<br>0.30<br>Step 3<br>We have determined that M = 0.05 and p = 0.30. Substitute these values into the formnula to determine the<br>required sample size. Round the result up to the nearest integer.<br>21<br>1.96<br>- P(1 – p)( -<br>p(1 -<br>1.96<br>0.30(1 – 0.30)<br>2.<br>

Extracted text: Step 1 Recall that for a 95% confidence level, the formula for the sample size n required to estimate a population proportion p with a margin of error M. 2. 1.96 n = p(1 – p) M. We are asked to suppose we wanted to conduct a survey to estimate the proportion of Americans who would like to have an Internet connection in their car. We want to determine how large a random sample would be required to estimate this proportion with a margin of error of 0.05. Therefore, M = 0.05 0.05 Step 2 The true value of the population proportion p is unknown. To use the formula for sample size, we must have an estimate of p. We are given that a preliminary survey of adult Americans suggests that p is around 0.30, so we can use that value as an estimate of p. Therefore, p = 0.30 Step 3 We have determined that M = 0.05 and p = 0.30. Substitute these values into the formnula to determine the required sample size. Round the result up to the nearest integer. 21 1.96 - P(1 – p)( - p(1 - 1.96 0.30(1 – 0.30) 2.

Jun 09, 2022
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