Name: Rogie Ann Arcilla

Course: Master in Business Administration - Financial Management

Subject: 4MBA651-MANAGERIAL STATISTIC

Exercises: Determine the sample size of the following problems.

1. A dermatologist wishes to estimate theproportion of young adults who apply sunscreen regularly before going out in the sun in the
summer. Find the minimum sample size required to estimate the proportion with precision of 3%, and 90% confidence.

Estimating Proportion (Infinite Population)

n ≥ ( Z )² p ( 1 − p )
e
where:
Z = 1.65
e = 0.03
p = 0.50

= n ≥ ( 1.65)² 0.50( 1 − 0.50 ) = n ≥ 3,025 (0.25)

0.03

= n ≥ (55)² 0.50( 0.05 ) = n ≥ 756.25 or 757

2.The administration at a college wishes to estimate, the proportion of all its entering freshmen who graduate within four years, with
95% confidence. Estimate the minimum size sample required. Assume that the population standard deviation is σ = 1.3 and precision
level is 0.05

Estimating the Mean or Average

n ≥ ( Zσ)²
e
where:
Z = 1.96
e = 0.05
σ = 1.30

= n ≥ ( 1.96(1.30))² = n ≥ (50.96)²
0.05

= n ≥ ( 2.548)² = n ≥ 2,596.9216 or 2,597

0.05
3. A government agency wishes to estimate the proportion of drivers aged 16–24 who have been involved in a traffic accident in the
last year. It wishes to make the estimate to within 1% error and at 90% confidence. Find the minimum sample size required, using the
information that several year ago the proportion was 0.12

Estimating Proportion (Infinite Population)

n ≥ ( Z )² p ( 1 − p )
e
where:
Z = 1.65
e = 0.01
p = 0.12

= n ≥ ( 1.65)² 0.12( 1 − 0.12) = n ≥ 27,225 (0.1056)

0.01

= n ≥ (165)² 0.12( 0.88) = n ≥ 2,874.96 or 2,875

4. An internet service provider wishes to estimate, to within one percentage error, the current proportion of all email that is spam,
with 85% confidence. Last year the proportion that was spam was 71%. Estimate the minimum size sample required if the total email
that is spam is 10,000

Computation of Sample size Using Sample Size Online Calculator

where:
Confidence Level: 85%
Margin of error: 1%
Population proporation: 71%
Population Size: 10,000.00
Name: Rogie Ann Arcilla
Course: Master in Business Administration - Financial Management
Subject: 4MBA651-MANAGERIAL STATISTIC

Exercises: Identify the sample selection procedure used in each of the following cases:

1. A tax auditor selects every 1000th income tax return that is received.

- Systematic Random Sampling

2. 12 people are randomly selected to serve as jurors from a jury pool of 150 people.

- Simple Random Sampling

3. To select a sample of households in a province, a sample of provinces were selected, then a sample of municipalities were chosen
from each of the selected provinces, then a sample of barangays were chosen from each of the selected municipality, and all
households in the selected barangays were included.

- Multi - Stage Sampling

4. For a survey, a sample of municipalities was selected from every province in the country and included all child laborers in the
selected municipalities.

- Cluster Sampling

4. 5. In the game of lotto, 6 balls are selected from a container with 42 balls.

- Simple Random Sampling

Exercises: Determine if Observational study or Design Experiment

1. A study took random sample of adults and asked them about their bedtime habits. The data showed that people who drank a cup of
tea before bedtime were more likely to go to sleep earlier than those who didn't drink tea.

- Observational Study

2. A study took a group of adults and randomly divided them into two groups. One group was told to drink tea every night for a week,
while the other group was told not to drink tea that week. Researchers then compared when each group fell asleep.

- Experiment

3. A study took a random sample of people and examined their social media habits. Each person was classified as either a light,
moderate, or heavy social media user. The researchers looked at which groups tended to be happier.

- Observational Study