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dusya [7]
1 year ago
9

A politician estimates that 61% of his constituents will vote for him in the coming election. How many constituents are required

for a random sample to obtain a margin of error of at most 0. 03 with 95% confidence
Mathematics
1 answer:
Katyanochek1 [597]1 year ago
8 0

Using the z-distribution, as we are working with a proportion, it is found that 1016 constituents are required.

<h3>What is a confidence interval of proportions?</h3>

A confidence interval of proportions is given by:

\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}

In which:

  • \pi is the sample proportion.
  • z is the critical value.
  • n is the sample size.

The margin of error is given by:

M = z\sqrt{\frac{\pi(1-\pi)}{n}}

In this problem, we have a 95% confidence level, hence\alpha = 0.95, z is the value of Z that has a p-value of \frac{1+0.95}{2} = 0.975, so the critical value is z = 1.96.

The estimate is of \pi = 0.61, while the margin of error is of M = 0.03, hence solving for n we find the minimum sample size.

M = z\sqrt{\frac{\pi(1-\pi)}{n}}

0.03 = 1.96\sqrt{\frac{0.61(0.39)}{n}}

0.03\sqrt{n} = 1.96\sqrt{0.61(0.39)}

\sqrt{n} = \frac{1.96\sqrt{0.61(0.39)}}{0.03}

(\sqrt{n})^2 = \left(\frac{1.96\sqrt{0.61(0.39)}}{0.03}\right)^2

n = 1015.5

Rounding up, 1016 constituents are required.

More can be learned about the z-distribution at brainly.com/question/25890103

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3 0
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motikmotik

Answer:

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I = (47300)(0.03)(0.333333)

 

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Now we'd add the interest(I) to the Principle

 

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Now add the interest to the principle

 

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Step-by-step explanation:

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