00:01
For number seven, use the given data to find the minimum sample size required to estimate the population proportion.
00:08
Our margin of error is 0 .028.
00:11
We'll set that equal to the critical value, which is 1 .645 for a 90 % confidence interval.
00:18
We'll multiply that times 0 .5 times the square root of 0 .5 times 0 .5.
00:24
That's what we use when we don't have a p and q.
00:28
We'll put that over our unknown sample size.
00:33
So next we're going to isolate n.
00:36
So we'll take 0 .5 times 0 .5 divided by the quantity 0 .028 over 1 .645, that quantity squared.
00:46
So at this point, it's careful calculation and that gives us our sample size of 862 .9.
00:58
We would round that up to 863.
01:01
So let's select option e.
01:04
For problem number eight, questions based on estimating parameters and determining sample sizes, part two.
01:11
Do one of the following as appropriate.
01:13
Find the critical value, find the critical value using a normal distribution, using a t -distribution, and then state that neither the normal nor t -distribution applies...