document.write( "Question 981166: You wish to estimate with a 95% confidence the population proportion of kids who say red is their favorite color. Estimate must be within 5% of population proportion. Find minimum sample size. \n" ); document.write( "
Algebra.Com's Answer #602199 by jim_thompson5910(35256)![]() ![]() ![]() You can put this solution on YOUR website! z = 1.96 is the critical value at 95% confidence \n" ); document.write( "E = 5% = 0.05 is the margin of error \n" ); document.write( "Since we don't know p, we make the conservative estimate that p = 0.5\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "n = p(1-p)(z/E)^2\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "n = 0.5(1-0.5)(1.96/0.05)^2\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "n = 384.16\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "n = 385 ... Round up to the nearest whole number.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The min sample size needed is 385. \n" ); document.write( " |