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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
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Harvard Square Academy (HS2)
Mar-2012 - Present
Confidence level and sample size. Refer to Example 8.3 (page 423). Suppose that the university was interested in a 90% confidence interval with margin of error 0.03. Would the required sample size be smaller or larger than 1068 students? Verify this by performing the calculation.
Example 8.3
Planning a survey of students. A large university is interested in assessing student satisfaction with the overall campus environment. The plan is to distribute a questionnaire to an SRS of students, but before proceeding, the university wants to determine how many students to sample. The questionnaire asks about a student’s degree of satisfaction with various student services, each measured on a five-point scale. The university is interested in the proportion p of students who are satisfied (that is, who choose either “satisfied” or “very satisfied,” the two highest levels on the five-point scale)
The university wants to estimate p with 95% confidence and a margin of error less than or equal to 3%, or 0.03. For planning purposes, they are willing to use p* = 0.5. To find the sample size required, we calculate
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Round up to get n = 1068. (Always round up. Rounding down would give a margin of error slightly greater than 0.03.)
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