In: Statistics and Probability
A political candidate has asked you to conduct a poll to determine what percentage of people support her. If the candidate only wants a 4% margin of error at a 90% confidence level, what sample size is needed?
Solution :
Given that,
= 0.5
1 - = 1 - 0.5 = 0.5
margin of error = E = 4% = 0.04
At 90% confidence level
= 1 - 90%
= 1 - 0.90 =0.10
/2
= 0.05
Z/2
= Z0.05 = 1.645 ( Using z table )
Sample size = n = (Z/2 / E)2 * * (1 - )
= (1.645 / 0.04)2 * 0.5 * 0.5
=422.8
Sample size = 423