A non-profit agency wants to estimate the proportion of adults who answer yes to the question,...

60.1K

Verified Solution

Question

Statistics

  1. A non-profit agency wants to estimate the proportion of adultswho answer yes to the question, ‘Was there ever a time in your lifewhen you did not have a place to live?' They want to estimate thepercentage at the 95% level with a margin of error of nor more than0.5%.

    1. Find a sample size that will guarantee their confidence intervalwill have a margin of error of less than 0.5%.

    2. Why is the sample size you found in part likely to be far biggerthan necessary?

    3. To get a better estimate of the sample size they will need, theytake a preliminary sample of 30 adults, of which 2 answered yes tothe question. About what sample size should they realisticallyexpect to need?

Answer & Explanation Solved by verified expert
4.3 Ratings (893 Votes)
12The sample size is so big because    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students