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 Because this estimate may be outdated, suppose that you want to carry out a new survey to estimate the proportion of students at your school who do not change their password.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 Because this estimate may be outdated, suppose that you want to carry out a new survey to estimate the proportion of students at your school who do not change their password.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. 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
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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 Because this estimate may be outdated, suppose that you want to carry out a new survey to estimate the proportion of students at your school who do not change their password.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.
Expert Solution
Step 1
Given,
p = 0.61
Margin of error = E = 0.05
The critical value is calculaed as follows:
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.
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