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When you hear polling numbers before an election, the margin of error is usually stated as +/- 3% based on a sample size of 1000
When you hear polling numbers before an election, the margin of error is usually stated as +/- 3% based on a sample size of 1000 likely voters. The 3% (=.03) number is computed using the formula
k = margin of error = .03 = 1.96 * , where
p = .5, q = .5, and n =1000.
If we want to have a margin of error of about 4.5%, what should the sample size of likely voters be instead of n = 1000?
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