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A poll for the presidential campaign sampled 491 potential voters in June. A primary purpose of the poll was to obtain an estimate of the proportion of potential voters who favored each candidate. Assume a planning value of p * = .50 and a 95% confidence level. a. For p * = .50, what was the planned margin of error for the June poll? b. Closer to the November election, better precision and smaller margins of error are desired. Assume the following margins of error are requested for surveys to be conducted during the presidential campaign. Compute the recommended sample size for each survey. Survey Margin of Error September .04 October .03 Early November .02 Pre-Election Day .01

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STATISTICS F/BUSINESS+ECONOMICS-TE...

13th Edition
Anderson
Publisher: CENGAGE L
ISBN: 9781305881884
BuyFind

STATISTICS F/BUSINESS+ECONOMICS-TE...

13th Edition
Anderson
Publisher: CENGAGE L
ISBN: 9781305881884

Solutions

Chapter
Section
Chapter 8.4, Problem 42E
Textbook Problem

A poll for the presidential campaign sampled 491 potential voters in June. A primary purpose of the poll was to obtain an estimate of the proportion of potential voters who favored each candidate. Assume a planning value of p* = .50 and a 95% confidence level.

  1. a. For p* = .50, what was the planned margin of error for the June poll?
  2. b. Closer to the November election, better precision and smaller margins of error are desired. Assume the following margins of error are requested for surveys to be conducted during the presidential campaign. Compute the recommended sample size for each survey.
Survey Margin of Error
September .04
October .03
Early November .02
Pre-Election Day .01

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Chapter 8 Solutions

STATISTICS F/BUSINESS+ECONOMICS-TEXT
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