In: Statistics and Probability
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 11,590 university students and found that 8,066 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 ofz*. should we use in the formula below to calculate a 90% confidence interval within 2.82 percentage points? Give your answer to 4 decimal places.
n=p*(1−p*)(z*ME)2
Solution :
Given that,
= x / n = 0.6959
1 - = 0.3041
margin of error = E = 0.0282
At 90% confidence level the z is ,
= 1 - 90% = 1 - 0.90 = 0.10
/ 2 = 0.10 / 2 = 0.05
Z/2 = Z0.05 = 1.645
sample size = n = (Z / 2 / E )2 * * (1 - )
= (1.645 /0.0282)2 * 0.6959 * 0.3041
= 720.1067
sample size = 721