Solution :
Given that,
margin of error = E = 0.01
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2
= Z0.025 = 1.96
(a)
= 0.32
1 -
= 1 - 0.32 = 0.68
sample size = n = (Z
/ 2 / E )2 *
* (1 -
)
= (1.96 / 0.01)2 * 0.32 * 0.68
= 8359.3
sample size = 8359
(b)
= 0.5
1 -
= 1 - 0.5 = 0.5
sample size = n = (Z
/ 2 / E )2 *
* (1 -
)
= (1.96 / 0.01)2 * 0.5 * 0.5
= 9604
sample size = 9604
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