Suppose we conduct a poll to estimate the proportion of vote

Suppose we conduct a poll to estimate the proportion of voters who favor a major presidential candidate. Assuming that 50 percent of the electorate could be in favor of the candidate, determine the sample size needed so that we are 95 percent confident that \"formula117.mml\", the sample proportion of voters who favor the candidate, is within a margin of error of .01 of p, the population proportion of all voters who are in favor of the candidate.

Solution

Note that      
      
n = z(alpha/2)^2 p (1 - p) / E^2      
      
where      
      
alpha/2 =    0.025  
      
Using a table/technology,      
      
z(alpha/2) =    1.959963985  
      
Also,      
      
E =    0.01  
p =    0.5  
      
Thus,      
      
n =    9603.647052  
      
Rounding up,      
      
n =    9604   [ANSWER]

 Suppose we conduct a poll to estimate the proportion of voters who favor a major presidential candidate. Assuming that 50 percent of the electorate could be in

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