Find the Minimum Sample Size Required to Estimate a Population

question 6

Short Answer

Find the minimum sample size required to estimate a population proportion p .
-Margin of error: four percentage points; confidence level: 95%; from a prior study, ˆp is estimated by the decimal equivalent 12.5%

---

Definitions:

Representativeness Heuristic

is a cognitive shortcut where the likelihood of an object belonging to a category is assessed based on its similarity to a typical case from that category.

Heuristics

Mental shortcuts or rules of thumb that ease the cognitive load of making a decision, often leading to approximation or educated guesses.

Algorithms

Step-by-step procedures or formulas for solving problems or completing tasks.

Mnemonic Devices

Tools that aid in the recall of information, using patterns, acronyms, or associations to help remember data.