A sample size that will ensure a margin of error of at most the one specified.

Short Answer

Expert verified

The required sample size is 6, 766

Step by step solution

01

Given information

margin of error is 0.01 and the confidence level is 90%

02

calculation

When the margin of error is 0.01 and the confidence level is 90% , calculate the sample size.

With a 90% confidence level, the required value of zα/2from table areas under the standard normal curve is1.645.

Use p'g=.05because the value in the range closet to .05.

The sample size is

localid="1651392502258" n=0.25(za2E)2=0.25(1.6450.01)2=0.25(27,060.25)=6,765.066766

The required sample size is 6,766.

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