Find the area of the shaded region. Round to the hundredths place when necessary.
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Part A
The number of samples needed to get a confidence interval with a margin of error M is given by:
where
is the z-score of the confidence level and p is the population proportion.
If he wants to be within 4 percentage points with 96% confidence and he uses an estimate of 48% obtained from a poll, the sample size that should be obtained is given by:
Part B:
If he wants to be within 4 percentage points with 96% confidence and he does not use any prior estimates, the sample size that should be obtained is given by:
Part C:
The resulta from parts a and b are close because the result from the poll (i.e. 48%) is close to the conservative proportion used when there is no prior knowledge of any proportion (i.e. 50%).
The number of samples needed to get a confidence interval with a margin of error M is given by:
where
If he wants to be within 4 percentage points with 96% confidence and he uses an estimate of 48% obtained from a poll, the sample size that should be obtained is given by:
Part B:
If he wants to be within 4 percentage points with 96% confidence and he does not use any prior estimates, the sample size that should be obtained is given by:
Part C:
The resulta from parts a and b are close because the result from the poll (i.e. 48%) is close to the conservative proportion used when there is no prior knowledge of any proportion (i.e. 50%).