A survey was given to a random sample of 1100 residents of a town to determine whether they support a new plan to raise taxes in order to increase education spending. Of those surveyed, 34% of the people said they were in favor of the plan. At the 95% confidence level, what is the margin of error for this survey expressed as a percentage to the nearest tenth? (Do not write ±±).
Solution :
Given that,
n = 1100
Point estimate = sample proportion = =0.34=0.34%
1 - = 1-0.34=0.66
At 95% confidence level
= 1 - 95%
= 1 - 0.95 =0.05
/2
= 0.025
Z/2
= Z0.025 = 1.96 ( Using z table )
Margin of error = E = Z / 2 * (( * (1 - )) / n)
= 1.96 (((0.34*0.66) /1100 )
= 0.028
=2.8%
Get Answers For Free
Most questions answered within 1 hours.