Q.44

Question

School vouchers A national opinion poll found that 44% of all American adults agree that parents should be given vouchers that are good for education at any public or private school of their choice. The result was based on a small sample.

(a)  How large an SRS is required to obtain a margin of error of 0.03 (that is, ±3%) in a 99% confidence interval? Answer this question using the previous poll’s result as the guessed value for p.

(b)  Answer the question in part (a) again, but this time use the conservative guess p=0.5. By how much do the two sample sizes differ? 

Step-by-Step Solution

Verified
Answer

From the given information,

a) The required sample size is 1816

b) The sample size is increased by 105 when the guessed value p is changes to 0.5.

1part (a) Step 1: Given Information

It is given in the question that, the margin of error E=0.03

sample proportion p =44%

confidence interval =90%

How large an SRS is required to obtain a margin of error of 0.03 (that is, ±3%) in a 99% confidence interval?

2part (a) Step 2:Explanation

The confidence interval is 99%

convert  99% into decimal.

99100=0.99

For confidence interval 0.99,use tableA.

zα/2=2.575

Sample proportion pis 44%

Convert 44% into decimal.

44100=0.44

Now, find the sample size. Use the formula n=[za/2]2p^(1p^)E2.

n=[za/2]2p^(1p^)E2

n=2.5752×0.44×(10.44)0.032

=1816

Hence, the required sample size is 1816

3part (b) Step1: Given Information

It is given in the question that, the margin of error

sample proportion p=0.5

confidence interval =

By how much do the two sample sizes differ? 

4part (b) Step 2: Explanation

The confidence interval is

convert   into decimal.

For confidence interval use tableA.

zα/2=2.575

From part (a) sample size n=1816

Calculate the new sample size. Use the formula n=[za/2]2p^(1p^)E2.

n'=[za/2]2p^(1p^)E2

n=2.5752×0.5×(10.5)0.032

    =1842

Thus, the new sample size is 1842.

For the difference between the sample sizes, subtract n from n'

 nn=18421816

             =26