A research group conducted an extensive survey of 3152 wage
A research group conducted an extensive survey of 3152 wage and salaried workers on issues ranging from relationships with their bosses to household chores. The data were gathered through hour-long telephone interviews with a nationally representative sample. In response to the question, \"What does success mean to you?\" 1649 responded, \"Personal satisfaction from doing a good job.\" Let p be the population proportion of all wage and salaried workers who would respond the same way to the stated question. How large a sample is needed if we wish to be 95% confident that the sample percentage of those equating success with personal satisfaction is within 1.8% of the population percentage? (Hint: Use p 0.52 as a preliminary estimate. Round your answer up to the nearest whole number.)
(Here is the correct answer, I need the solution)
2958 workers
Solution
Note that
n = z(alpha/2)^2 p (1 - p) / E^2
where
alpha/2 = 0.025
Using a table/technology,
z(alpha/2) = 1.959963985
Also,
E = 0.018
p = 0.523159898
Thus,
n = 2957.729074
Rounding up,
n = 2958
