Description of confidence interval-sample size

Reference no: EM13105435

An election poll reported that a candidate had an approval rating of 48% with a margin of error E of 3%. Construct a confidence interval for the proportion of adults who approve of the candidate.

You are a travel agent and wish to estimate, with 95% confidence, the proportion of vacationers who plan to travel outside the United States in the next 12 months. Your estimate must be accurate within 3% of the true proportion.

(a) No preliminary estimate is available. Find the minimum sample size needed.

(b) Find the minimum sample size needed, using a prior study that found that 26% of the respondents said they planned to travel outside the United States in the next 12 months.

Reference no: EM13105435

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