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How's the economy? A pollster wants to construct an 80 % confidence interval for the proportion of adults who believe that economic conditions are getting
How's the economy? A pollster wants to construct an
80
%
confidence interval for the proportion of adults who believe that economic conditions are getting better.
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(a) A poll taken in July
2010
estimates this proportion to be
0.24
. Using this estimate, what sample size is needed so that the confidence interval will have a margin of error of
0.02
?
A sample of adults is needed to obtain an 80 % confidence interval with a margin of error of 0.02 . |
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