In a recent poll, 250 people were asked if they liked dogs, and 17% said they did. Find the margin of error of this poll, at the 99% confidence level. Give your answer to three decimals
Solution :
Given that,
n = 250
Point estimate = sample proportion = = 0.17
1 - = 1-0.17 =0.83
At 99% confidence level the z is ,
= 1 - 99% = 1 - 0.99 = 0.01
/ 2 = 0.01 / 2 = 0.005
Z/2 = Z0.005 = 2.576 ( Using z table )
Margin of error = E = Z / 2 * (((( * (1 - )) / n)
= 2.576* (((0.17*0.83) /250 )
E = 0.061
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