Help please answer question 1 and 2
1 answer:
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Answer:
We need a sample size of at least 657.
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of , and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the zscore that has a pvalue of .
The margin of error is given by:
45 percent of its claims have errors.
So
99% confidence level
So , z is the value of Z that has a pvalue of
, so
.
What sample size is needed if they wish to be within 5 percent of the actual
This is a sample size of at least n, in which n is found when M = 0.05.
We need a sample size of at least 657.