I want to take a survey of students at my university to find out what proportion like the new bus service on campus. I believe that 75% of students like the service. How many students will I need to survey if I want to estimate, with 99% confidence, the true proportion to within 2%?

Respuesta :

Answer:

You will need to sample at least 3108 students.

Step-by-step explanation:

In a sample with a number n of people surveyed with a probability of a success of [tex]\pi[/tex], and a confidence level of [tex]1-\alpha[/tex], we have the following confidence interval of proportions.

[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

In which

z is the zscore that has a pvalue of [tex]1 - \frac{\alpha}{2}[/tex].

In this problem, we have that:

[tex]\pi = 0.75[/tex]

99% confidence level

So [tex]\alpha = 0.01[/tex], z is the value of Z that has a pvalue of [tex]1 - \frac{0.01}{2} = 0.995[/tex], so [tex]Z = 2.575[/tex].

The margin of error is:

[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

How many students will I need to survey if I want to estimate, with 99% confidence, the true proportion to within 2%?

You need a sample size of at least n.

n is found when M = 0.02. So

[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]

[tex]0.02 = 2.575\sqrt{\frac{0.75*0.25}{n}}[/tex]

[tex]0.02\sqrt{n} = 1.115[/tex]

[tex]\sqrt{n} = \frac{1.115}{0.02}[/tex]

[tex]\sqrt{n} = 55.75[/tex]

[tex]\sqrt{n}^{2} = (55.75)^{2}[/tex]

[tex]n = 3108[/tex]

You will need to sample at least 3108 students.