Questions: Suppose that a particular candidate for public office is favored by 48% of all registered voters in the district. A polling organization will take a random sample of 500 of these voters and will use p̂, the sample proportion, to estimate p.
a. Calculate σp̂, the standard deviation of p̂.
σp̂=0.48
b. If for a different sample size, σp̂=0.071, would you expect more or less sample-to-sample variability in the sample proportions than when n=500 ?
c. Is the sample size that resulted in σp̂=0.071 larger than 500 or smaller than 500 ? Explain your reasoning.
Transcript text: Suppose that a particular candidate for public office is favored by $48 \%$ of all registered voters in the district. A polling organization will take a random sample of 500 of these voters and will use $\widehat{p}$, the sample proportion, to estimate $p$.
a. Calculate $\sigma_{\widehat{p}}$, the standard deviation of $\widehat{p}$.
\[
\sigma_{\widehat{p}}=0.48
\]
b. If for a different sample size, $\sigma_{\widehat{p}}=0.071$, would you expect more or less sample-to-sample variability in the sample proportions than when $n=500$ ?
c. Is the sample size that resulted in $\sigma_{\widehat{p}}=0.071$ larger than 500 or smaller than 500 ? Explain your reasoning.
Solution
Solution Steps
Step 1: Calculate the Standard Deviation of the Sample Proportion
To find the standard deviation of the sample proportion \( \sigma_{\widehat{p}} \), we use the formula:
For a different sample size, we have \( \sigma_{\widehat{p}} = 0.071 \). We compare this with the previously calculated \( \sigma_{\widehat{p}} \):
Since \( 0.071 > 0.0223 \), we conclude:
\[
\text{I would expect more sample-to-sample variability in the sample proportions because } \sigma_{\widehat{p}} \text{ is greater than } \sigma_{\widehat{p}} \text{ when } n = 500.
\]
Step 3: Determine Sample Size Relation
To determine if the sample size that resulted in \( \sigma_{\widehat{p}} = 0.071 \) is larger or smaller than 500, we note that:
The standard deviation of the sample proportion is inversely related to the sample size \( n \). Therefore, if \( \sigma_{\widehat{p}} \) increases, the sample size must decrease. Since \( 0.071 > 0.0223 \), we conclude:
\[
\text{The sample size should be smaller than 500 because in order for } \sigma_{\widehat{p}} \text{ to be greater, its denominator, value of } n, \text{ should be smaller.}
\]