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CurPent Attempt in Progress Impact of Sample Size on Accuracy rror for sample proportions from a population with proportion p
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Answer #1

#1.

sample proportion, pcap = 0.35
sample size, n = 50
Standard error, SE = sqrt(pcap * (1 - pcap)/n)
SE = sqrt(0.35 * (1 - 0.35)/50) = 0.067

#2.

sample proportion, pcap = 0.35
sample size, n = 300
Standard error, SE = sqrt(pcap * (1 - pcap)/n)
SE = sqrt(0.35 * (1 - 0.35)/300) = 0.028

#3.

sample proportion, pcap = 0.35
sample size, n = 800
Standard error, SE = sqrt(pcap * (1 - pcap)/n)
SE = sqrt(0.35 * (1 - 0.35)/800) = 0.017

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