A researcher wishes to estimate the percentage of adults who support abolishing the penny. What size sample should be obtained if he wishes the estimate to be within 5 percentage points with 99% confidence if (a) he uses a previous estimate of 34%? (b) he does not use any prior estimates? Click here to view the standard normal distribution table (page 1). Click here to view the standard normal distribution table (page 2). (a) n= (Round up to the nearest integer.)

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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13 PARTS A AND B

**Estimation of Sample Size for Survey on Abolishing the Penny**

A researcher aims to estimate the percentage of adults who support abolishing the penny. To achieve a precise estimate within 5 percentage points and a confidence level of 99%, the necessary sample size depends on the following scenarios:

1. **Using a Previous Estimate of 34%:**
   - Determine the required sample size if a prior estimate of 34% is available.

2. **Without Any Prior Estimates:**
   - Calculate the sample size needed when no prior estimates exist.

**References for Calculation:**
- Access the standard normal distribution tables through the provided links for accurate computation:
  - [Standard Normal Distribution Table (Page 1)](#)
  - [Standard Normal Distribution Table (Page 2)](#)

**Input for Sample Size:**
- Calculated sample size (rounded to the nearest integer): 
  - (a) n = [ ]

This setup helps ensure precise statistical analysis and valid survey results.
Transcribed Image Text:**Estimation of Sample Size for Survey on Abolishing the Penny** A researcher aims to estimate the percentage of adults who support abolishing the penny. To achieve a precise estimate within 5 percentage points and a confidence level of 99%, the necessary sample size depends on the following scenarios: 1. **Using a Previous Estimate of 34%:** - Determine the required sample size if a prior estimate of 34% is available. 2. **Without Any Prior Estimates:** - Calculate the sample size needed when no prior estimates exist. **References for Calculation:** - Access the standard normal distribution tables through the provided links for accurate computation: - [Standard Normal Distribution Table (Page 1)](#) - [Standard Normal Distribution Table (Page 2)](#) **Input for Sample Size:** - Calculated sample size (rounded to the nearest integer): - (a) n = [ ] This setup helps ensure precise statistical analysis and valid survey results.
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