document.write( "Question 1208176: What is the relationship between level of confidence and sample needed, given other parameters are constant? \n" ); document.write( "
Algebra.Com's Answer #846441 by PPCHLOE(2)\"\" \"About 
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Here is the solution to your statistics problem.Hope you find this helpful.
\n" ); document.write( "Let's break it down step by step:
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\n" ); document.write( "*Given parameters:*\r
\n" ); document.write( "\n" ); document.write( "- Constant population size (N)
\n" ); document.write( "- Constant margin of error (E)
\n" ); document.write( "- Constant desired confidence level (Z-score)\r
\n" ); document.write( "\n" ); document.write( "*Question:* How does the level of confidence affect the sample size needed?\r
\n" ); document.write( "\n" ); document.write( "*Step 1: Understand the formula*\r
\n" ); document.write( "\n" ); document.write( "The sample size (n) formula is:\r
\n" ); document.write( "\n" ); document.write( "n = (Z^2 * σ^2) / E^2\r
\n" ); document.write( "\n" ); document.write( "where:
\n" ); document.write( "- n = sample size
\n" ); document.write( "- Z = Z-score (related to confidence level)
\n" ); document.write( "- σ = population standard deviation
\n" ); document.write( "- E = margin of error\r
\n" ); document.write( "\n" ); document.write( "*Step 2: Analyze the Z-score*\r
\n" ); document.write( "\n" ); document.write( "The Z-score increases as the confidence level increases. For example:
\n" ); document.write( "- 80% confidence: Z ≈ 1.28
\n" ); document.write( "- 90% confidence: Z ≈ 1.645
\n" ); document.write( "- 95% confidence: Z ≈ 1.96
\n" ); document.write( "- 99% confidence: Z ≈ 2.576\r
\n" ); document.write( "\n" ); document.write( "*Step 3: Observe the relationship*\r
\n" ); document.write( "\n" ); document.write( "As the confidence level increases (Z-score increases), the sample size (n) also increases.\r
\n" ); document.write( "\n" ); document.write( "*Step 4: Explain the relationship*\r
\n" ); document.write( "\n" ); document.write( "A higher confidence level requires a larger sample size to achieve the same margin of error. This is because a higher confidence level means we want to be more certain about our results, which requires more data.\r
\n" ); document.write( "\n" ); document.write( "*In summary:*\r
\n" ); document.write( "\n" ); document.write( "- As the level of confidence increases, the sample size needed also increases.
\n" ); document.write( "- This is because a higher confidence level requires more data to achieve the same margin of error.
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\n" ); document.write( "If you're satisfied with my solution and interested in further learning , I'm available for a one-on-one online session. I'd be happy to share my knowledge and provide guidance to you personally. ogunjimio79@gmail.com\r
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