Solution,
Given that,
1) = 1 - = 0.5
margin of error = E = 0.03
At 80% confidence level
= 1 - 80%
= 1 - 0.80 =0.20
/2
= 0.10
Z/2
= Z0.10 = 1.282
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.282 / 0.03)2 * 0.5 * 0.5
= 456.53
sample size = n = 457
2) = 1 - = 0.5
margin of error = E = 0.03
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.645 / 0.03)2 * 0.5 * 0.5
= 751.67
sample size = n = 752
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