A polling agency is deciding how many voters to poll.
The agency wants to estimate the percentage of voters in favour of extending tax cuts, and it wants to provide a margin of error of no more than 1.8 percentage points. Using 95% confidence, how many respondents must the agency poll?
If the margin of error is to be no more than 1.7%, with 95% confidence, should the sample be larger or smaller than that determined in part a? Explain your reasoning.
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c. If the degree of confidence were lowered to 90%, with the margin of error no more than 1.8%, would that require a larger or a smaller sample size than the result for part a?
1)for 1.8% margin of error
here margin of error E = | 0.018 | |
for95% CI crtiical Z = | 1.960 | |
estimated proportion=p= | 0.500 | |
required sample size n = | p*(1-p)*(z/E)2= | 2965.00 |
if margin of error is reduced from 1.8% to 1.7% ; sample size requirement will increase to increase the precision ;also from formula ; sample size required is inversely proportional to margin of error square root
c)
here margin of error E = | 0.018 | |
for90% CI crtiical Z = | 1.645 | |
estimated proportion=p= | 0.500 | |
required sample size n = | p*(1-p)*(z/E)2= | 2088.00 |
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