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This workbook contains two utilities related to confidence intervals. Click on the appropriate worksheet tab to access the desired utility. 1. Confidence interval utility. Calculates confidence intervals for specified: - sample mean or - sample proportion - sample standard deviation - sample size - sample size - level of confidence - level of confidence 2. Sample size utility. Calculates the minimum sample size for a confidence interval for specified: - sample standard deviation - level of confidence - confidence interval width
146231035.xls
Introduction
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Output Area
Center of Interval z*s/sqrt(n) Lower end of int'l Upper end of int'l Interval width 1-confidence level (1-confidence level)/2 z (p)(1-p) s = sqrt[(p)(1-p)} sqrt(n) s/sqrt(n) Check assumptions: np>5 n(1-p) > 5
0.50 0.10 0.402 0.598 0.20 0.05 0.025 1.96 0.25 0.50 10.00 0.05
Other Calculations
OK OK
146231035.xls
Confidence Intervals
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Mean
Sample Standard Deviation, s Desired Accuracy: Half Width of Interval, d Confidence level Required Sample Size 1-confidence level (1-confidence level)/2 z z*s z*s/d Minimal n 50 5 0.95 385 0.05 0.025 1.96 98.00 19.60 384.15
Proportion
Estimate of p Desired Accuracy: Half Width of Interval, d Confidence level Required Sample Size 1-confidence level (1-confidence level)/2 z (p)(1-p) s = sqrt[(p)(1-p)} z*s = {z*sqrt[(p)(1-p)]} z*s/d = {z*sqrt[(p)(1-p)]}/d Minimal n to ensure np>5 Minimal n to ensure n(1-p)>5 Minimal n to ensure d < (zs/sqrt(n)) Minimal n to satisfy all constraints 0.5 0.02 0.95 2,401 0.05 0.025 1.96 0.25 0.50 0.98 49.00 10.0 10.0 2,400.9 2,400.9
Assumptions: Sample Size will be above 30. If not, raise sample size to 30 to make assumptions valid. Proportion Estimate is the maximum you expect p to be. If you don't have a good estimate of the proportion, use p = .5, which gives maximal standard deviation.
146231035.xls
Sample Size
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