A political candidate has asked his/her assistant to conduct a
poll to determine the percentage of people in the community that
supports him/her. If the candidate wants a 1% margin of error at a
99% confidence level, what size of sample is needed? Be
sure to round accordingly.
The candidate would need to survey ?????? people in the community
in order to be within a 1% margin of error at a 99% confidence
level.
Solution :
Given that,
= 0.5 ( assume 0.5)
1 - = 1 - 0.5 = 0.5
margin of error = E = 1% = 0.01
At 99% confidence level the z is,
= 1 - 99%
= 1 - 0.99 = 0.01
/2 = 0.005
Z/2 = 2.58 ( Using z table )
Sample size = n = (Z/2 / E)2 * * (1 - )
= (2.58 / 0.01)2 * 0.5 * 0.5
=16641
Sample size = 16641
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