Consider a simple poll that is measuring the proportion of citizens that hold a particular political belief. What is a conservative, "worst case scenario" sample size if you want the margin of error to be 5.8%?
Solution:
Given:
Margin of Error =5.8% = 0.058
Confidence level is not given, so we assume c = 95% confidence level
p = proportion of citizens that hold a particular political belief is unknown
so we assume p = 0.5
Formula:
We need to find zc value for c=95% confidence level.
Find Area = ( 1 + c ) / 2 = ( 1 + 0.95) /2 = 1.95 / 2 = 0.9750
Look in z table for Area = 0.9750 or its closest area and find z value.
Area = 0.9750 corresponds to 1.9 and 0.06 , thus z critical value = 1.96
That is : Zc = 1.96
Thus
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