Answer:
The minimum sample size the researcher could budget for is 423.
Step-by-step explanation:
Assume that the proportion of all Michigan salaried workers who are "satisfied" with their relations with coworkers is 50%, i.e. p = 0.50.
The margin of error is computed using the formula:
[tex]MOE=z_{\alpha /2}\sqrt{\frac{p(1-p}{n}}[/tex]
The margin of error is, MOE = 0.04.
The confidence level is 90%.
The critical value is:
[tex]z_{\alpha /2}=z_{0.10/2}=z_{0.05}=1.645[/tex]
*Use the z table for critical values.
Compute the sample size as follows:
[tex]MOE=z_{\alpha /2}\sqrt{\frac{p(1-p}{n}}\\0.04=1.645\times\sqrt{\frac{0.50(1-0.50}{n}}\\0.02432=\frac{0.50}{\sqrt{n}}\\n=[\frac{0.50}{0.02432} ]^{2}\\=422.68\\\approx423[/tex]
Thus, the minimum sample size the researcher could budget for is 423.