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Lerok [7]
4 years ago
14

2. You're interested in the proportion of students in your school who favor the elimination of a local curfew on teenagers. Assu

me your school has 1,000 students. A. To generate a 95% confidence interval for the proportion of students who favor the elimination of a curfew, what's the minimum number of students you need if you want the margin of error to be 5%? (9 points)
Business
1 answer:
lara [203]4 years ago
8 0

Answer: The minimum number of students you need if you want the margin of error to be 5% IS 278.

Explanation:

Cochran’s Sample Size Formula gives the minimum number of students as n= \frac{z^{2}pq }{e^{2} }

Where:

   e is the desired level of precision (i.e. the margin of error),

   p is the (estimated) proportion of the population which has the attribute in question and q is 1 – p.

The z-value  for 95% confidence interval is found to be 1.96 in a Z table.

Assuming that half of the teenagers favor the elimination of a curfew: this gives us maximum variability. So p = 0.5 and q=0.5.

Then n= (\frac{1.96^{2}*0.5*0.5 }{0.05^{2} } )

n= frac{0.9604}{0.0025} }

n= {384.16 }

Rounding up, n= \frac{385 }

But considering that 1000 is a small population,  we can modify the sample size we calculated above formula by using this equation:

s = \frac{n}{1 + \frac{n - 1}{N} }

Where s is the adjusted sample size, n is the original sample size we calculated and N is the population size.

s = \frac{385}{1 + \frac{385 - 1}{1000} }

s = \frac{385}{1 + \frac{384}{1000} }

s = 278

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