Question
A researcher wishes to estimate, with 99 % confidence, the population proportion of adults who think the president of their country can control the price
A researcher wishes to estimate, with 99% confidence, the population proportion of adults who think the president of their country can control the price of gasoline. Her estimate must be accurate within 4% of the true proportion.
a) No preliminary estimate is available. Find the minimum sample size needed.
b) Find the minimum sample size needed, using a prior study that found that 28% of the respondents said they think their president can control the price of gasoline.
c) Compare the results from parts (a) and (b).
(a) What is the minimum sample size needed assuming that no prior information is available?
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