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Solve the Problem E\mathrm { E } With a Confidence Level Of

question 51

Multiple Choice

Solve the problem.
-The sample size needed to estimate the difference between two population proportions to within a margin of error E\mathrm { E } with a confidence level of 1α1 - \alpha can be found as follows: in the expression
E=zα/2p1q1n1+p2q2n2E = z _ { \alpha / 2} \sqrt { \frac { p _ { 1 } q _ { 1 } } { \mathrm { n } _ { 1 } } + \frac { \mathrm { p } _ { 2 } \mathrm { q } _ { 2 } } { \mathrm { n } _ { 2 } } }
replace n1\mathrm { n } _ { 1 } and n2\mathrm { n } _ { 2 } by n\mathrm { n } (assuming both samples have the same size) and replace each of p1,q1,p2\mathrm { p } _ { 1 } , \mathrm { q } _ { 1 } , \mathrm { p } _ { 2 } , and q2\mathrm { q } _ { 2 } by 0.50.5 (because their values are not known) . Then solve for nn .

Use this approach to find the size of each sample if you want to estimate the difference between the proportions . and women who plan to vote in the next presidential election. Assume that you want 99%99 \% confidence that your no more than 0.030.03 .


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An accounting practice for investment recording wherein the investment is kept at its original cost on the balance sheet without adjusting for changes in net income of the investee.

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Earnings disbursed by a company to its shareholders, generally as a sharing of profits.

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The total profit or loss of a company after all revenues, costs, and expenses have been accounted for, typically reported at the bottom of the income statement.

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The process of spreading out a loan or intangible asset's cost over its useful life, reflecting each year’s expense on the financial statements.

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