A pollster wishes to estimate the true proportion of U.S. voters who oppose capital punishment. How many voters should be surveyed in order to be 95% confident that the true proportion is estimated to be within 5%? (Round answer to the nearest whole number.)
Solution :
Given that,
= 0.5
1 - = 1 - 0.5 = 0.5
Margin of error = E = 5% = 0.05
At 95% confidence level the z is ,
= 1 - 95% = 1 - 0.95 = 0.05
/ 2 = 0.05 / 2 = 0.025
Z/2 = Z0.025 = 1.96
Sample size = ( Z/2 / E)2 * * (1 - )
= (1.96 / 0.05)2 * 0.5 * 0.5
= 384.16 = 384
Sample size = n = 384
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