2020 Election ~ Bernie Sanders is a popular presidential candidate among university students for the 2020 presidential election. Leading into Michigan’s presidential primary election in 2020, a journalist, Lauren took a random sample of 11,761 university students and found that 8,626 of them support Bernie Sanders.
Using this data, Lauren wants to estimate the actual proportion of university students who support Bernie Sanders.
To calculate the required sample size, what value of p* should we use in the formula below to calculate a 90% confidence interval within 7.15 percentage points? Give your answer to 4 decimal places.
n=p*(1−p*)(z*ME)2
Solution :
Given that,
n = 11761
x = 8626
Point estimate = sample proportion = = x / n = 8626 / 11761 = 0.7334
1 - = 1 - 0.7334 = 0.2666
margin of error = E = 0.0715
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.645 / 0.0715 )2 * 0.7334 * 0.2666
= 103.49
sample size = n = 104
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