In 2010, an online security firm estimated that 61% of computer users don't change their passwords very often. Because this estimate may be outdated, suppose that you want to carry out a new survey to estimate the proportion of students at your school who do not change their password. You would like to determine the sample size required to estimate this proportion to within a margin of error of 0.05 with 95% confidence.   Using 0.61 as a preliminary estimate, what is the required sample size if you want to estimate this proportion with a margin of error of 0.05? (Round your answer up to the nearest whole number.)   Calculate the required sample size using the conservative value of 0.5. (Round your answer up to the nearest whole number.)   What sample size would you recommend? Justify your answer.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
In 2010, an online security firm estimated that 61% of computer users don't change their passwords very often. Because this estimate may be outdated, suppose that you want to carry out a new survey to estimate the proportion of students at your school who do not change their password. You would like to determine the sample size required to estimate this proportion to within a margin of error of 0.05 with 95% confidence.
 
Using 0.61 as a preliminary estimate, what is the required sample size if you want to estimate this proportion with a margin of error of 0.05? (Round your answer up to the nearest whole number.)
 
Calculate the required sample size using the conservative value of 0.5. (Round your answer up to the nearest whole number.)
 
What sample size would you recommend? Justify your answer.
 
In 2010, an online security firm estimated that 61% of computer users don't change their passwords very often. Because this estimate may be outdated, suppose that you want to carry out a new
survey to estimate the proportion of students at your school who do not change their password. You would like to determine the sample size required to estimate this proportion to within a margin of
error of 0.05 with 95% confidence.
n USE SALT
(a) Using 0.61 as a preliminary estimate, what is the required sample size if you want to estimate this proportion with a margin of error of 0.05? (Round your answer up to the nearest whole
number.)
366
Calculate the required sample size using the conservative value of 0.5. (Round your answer up to the nearest whole number.)
385
How do the two sample sizes compare?
The sample size calculated using 0.61 is smaller than v
the sample size calculated using the conservative estimate.
(b) What sample size would you recommend? Justify your answer.
The conservative estimate
margin of error no greater than 0.05 if p > 385
vV should be used for this study because it will guarantee a margin of error of no greater than 0.05. The other sample size calculated will only guarantee a
|× or if p < 385
Transcribed Image Text:In 2010, an online security firm estimated that 61% of computer users don't change their passwords very often. Because this estimate may be outdated, suppose that you want to carry out a new survey to estimate the proportion of students at your school who do not change their password. You would like to determine the sample size required to estimate this proportion to within a margin of error of 0.05 with 95% confidence. n USE SALT (a) Using 0.61 as a preliminary estimate, what is the required sample size if you want to estimate this proportion with a margin of error of 0.05? (Round your answer up to the nearest whole number.) 366 Calculate the required sample size using the conservative value of 0.5. (Round your answer up to the nearest whole number.) 385 How do the two sample sizes compare? The sample size calculated using 0.61 is smaller than v the sample size calculated using the conservative estimate. (b) What sample size would you recommend? Justify your answer. The conservative estimate margin of error no greater than 0.05 if p > 385 vV should be used for this study because it will guarantee a margin of error of no greater than 0.05. The other sample size calculated will only guarantee a |× or if p < 385
Expert Solution
Step 1

Given,

p = 0.61

Margin of error = E = 0.05

α = 0.05

The critical value is calculaed as follows:

Zα/2 = Z0.05/2          = Z0.025          = 1.96                     ..............  Using Z table 

 

 

To find

a) Using 0.61 as a preliminary estimate, what is the required sample size if you want to estimate this proportion with a margin of error of 0.05? (Round your answer up to the nearest whole number.)

 
b) Calculate the required sample size using the conservative value of 0.5. (Round your answer up to the nearest whole number.)
 
c) What sample size would you recommend? Justify your answer.
 
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman