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Question 17 1 pts A researcher wishes to estimate the number of households with two computers. How large a sample is needed i
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Answer #1

SOLUTION-

CONDIFENCE LEVEL(c)= 99%

MARGIN OF ERROR(m)= 0.02

PROPORTION OF HOUSEHOLD WITH TWO COMPUTERS(\hat{p})= 0.18

CRITICAL VALUE FOR TWO TAIL WITH SIGNIFICANCE 1% IS Z_c = 2.576

THE SAMPLE SIZE IS DETERMINED APPROXIMATELY AS FOLLOWS,

n= \frac{Z_c^{2}}{m^{2}}*\hat{p}(1-\hat{p})

OR, n=( \frac{2.576}{0.02})^{2}*0.18*(1-0.18)

OR, n\approx 2447

ANSWER- 2447

****IN CASE OF DOUBT, COMMENT BELOW. ALSO LIKE THE SOLUTION, IF POSSIBLE.

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