Respuesta :
Answer: 3687
Step-by-step explanation:
Given : Prior proportion of bottles that exceeds government levels = [tex]\dfrac{1}{3}[/tex]
Margin of error : [tex]E=0.02[/tex]
Significance level : [tex]\alpha: 1-0.99=0.01[/tex]
Critical value : [tex]z_{\alpha/2}=2.576[/tex]
The formula to find the sample size is given by :-
[tex]n=p(1-p)(\dfrac{z_{\alpha/2}}{E})^2[/tex]
i.e. [tex]n=\dfrac{1}{3}(1-\dfrac{1}{3})(\dfrac{2.576}{0.02})^2[/tex]
[tex]3686.54222222\approx3687[/tex]
Hence, the minimum required sample size =3687
The sample size (number of bottles) needed to estimate the given proportion is; 3687
What is the required sample size?
We are given;
Sample size; n > 1500
Margin of error; E = 0.02
Confidence Level = 99%
Sample proportion; p = 1/3
Formula for margin of error here is;
E = z√(p(1 - p)/n)
Making sample size n the subject gives;
n = (p(1 - p)) * (z²/E²)
z at 99% Confidence level = 2.576. Thus;
n = (¹/₃(1 - ¹/₃)) * (2.576/0.02)²
n ≈ 3687
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