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1.Find the sample size needed to estimate the percentage of voters in Florida who will vote Republican in the general election.Use a margin of error
1.Find the sample size needed to estimate the percentage of voters in Florida who will vote Republican in the general election.Use a margin of error of three percentage points, and a confidence level of 99%.
a)Assume that and are unknown. P-hat & q-hat unknown. I think I did it right.
Za/2: (InvNorm: 0.005+ 0.99)= 2.576
n =(Za/2)^2 (pq)/E^2
= (2.576)^2 (0.5 * 0.5)/(0.3)^2
1843
b)Assume that based on prior studies, about 64% of Floridians vote Republican in the general election.
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