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1. When calculating sample size, how can a researcher decide on the level of accuracy to use? What about level of confidence? What about variability with a percentage?
2. Using the formula provided in your text, determine the approximate sample sizes for each of the following cases, all with precision (allowable error) of ±5%:a. Variability of 30%, confidence level of 95%.b. Variability of 60%, confidence level of 99%.c. Unknown variability, confidence level of 95%.
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The standard unit requires 60 minutes, while the deluxe requires 120. Formulate as a linear programming problem, and solve using the corner points solution method.
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