You want to obtain a sample to estimate a population proportion. Based on previous evidence, you believe the population proportion is approximately 23%. You would like to be 98% confident that your estimate is within 1% of the true population proportion. How large of a sample size is required?

Question
Asked Nov 22, 2019
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You want to obtain a sample to estimate a population proportion. Based on previous evidence, you believe the population proportion is approximately 23%. You would like to be 98% confident that your estimate is within 1% of the true population proportion. How large of a sample size is required?

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Expert Answer

Step 1

Step-by-step procedure to obtain the value of z using MINITAB:

• Choose Graph > Probability Distribution Plot choose View Probability > OK.
• From Distribution, choose ‘Normal’ distribution.
• Click the Shaded Area
• Choose Probability and Both Tail for the region of the curve to shade.
• Enter the Probability value as 2.
• Click OK.

Output using the MINITAB software is given below:

Step 2

From the output, the value of z is 1.282 for 98% confidence...

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