A polling company conducts an annual poll of adults about political opinions. The survey asked a random sample of 2354 adults whether they think things in the country are going in the right direction or in the wrong direction. 62% said that things were going in the wrong direction. Complete parts a and b below.
a) Calculate the margin of error for the proportion of all adults who think things are going in the wrong direction for 95% confidence.
Solution :
Given that,
n = 2354
Point estimate = sample proportion = =62%=0.62
1 - = 1- 0.62=0.38
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 ( Using z table )
Margin of error = E = Z/2 * ((( * (1 - )) / n)
= 1.96 (((0.62*0.32) /2354 )
E = 0.018
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