If you want a poll to have a margin of error of 2.43%, how large will your sample have to be? Round your answer to the nearest whole number.
The sample size formula is given as below:
n = p*q*(Z/E)^2
We are not given the estimate for proportion, so we take
p = 0.5
q = 1 – p = 0.5
WE assume Confidence level = 95%
Critical Z value = 1.96
(by using z-table)
Margin of error = E = 0.0243
The sample size is given as below:
n = p*q*(Z/E)^2
n = 0.5*0.5*(1.96/0.0243)^2
n = 1626.446
Required sample size = 1627
If you want a poll to have a margin of error of 2.43%, how large will...
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