Question
Peer Reply #1: Choose a classmate's post. Calculate the sample size needed for the given margin of error and see if the poll had enough
Peer Reply #1:Choose a classmate's post. Calculate the sample size needed for the given margin of error and see if the poll had enough people surveyed. Use Confidence Interval template https://www.livebinders.com/media//media/get/MTc5ODgzMzI=
Peer's Post:
Hello class! I've decided to use my data based on what people think about minimum wage being $15 stats! Here is the link: https://www.pollingreport.com/work.htm
N= 1009 Margin of error 3.6 - Interpreting the data it should 55% of people approve of raising the minimum wage while 45% do not. This may be in relation to most people not even being able to make this type of wage in certain regions. The data also states that it is 1% unsure based on responses.
3: The confidence interval can be shown to be: 58.6 and 51.4. This is because the margin of error is a plus or minus variable that goes with the outcome.
4-5: Here is the image from my data that I inputted into the excel sheet. The intervals are similar to the values found in step 3 of this weeks unit. Meaning we are using the correct confidence percentage.
6: When it comes to the minimum wage question it can be skewed in a certain direction because of political views or personal wages. It's very difficult to try and get a clear non biased view without involving these two variables. I believe more research and polls might help determine the reliability for the situation.
Confidence Interval for Proportion (Number of Success Unknown) Sample Size 1009 Confidence Level 95.00% Proportion of sample 55.00% x - score for the left side of the confidence interval -1.95996 I - score for the right side of the confidence interval 1.95996 Standard Error of the proportion 0.01566 Lower Limit = proportion - standard error z -score 0.51930 Upper Limit . proportion + standard error's -score right side 0.58070Step by Step Solution
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