A poll taken this year asked 1009 adults whether they were fans of a particular sport and 55% said they were. Last year, 56% of a similar-size sample had reported being fans of the sport.
a) Find the margin of error for the poll taken this year if one wants 90% confidence in the estimate of the percentage of adults who are fans of the sport.
b) If one wanted to be 85% confident instead of 90% confident, would the margin of error be larger or smaller?
c) Find the margin of error for the poll taken this year if one wants 85% confidence in the estimate of the percent of adults who are fans of the sport.
a)
Margin of error = Z/2 * sqrt (p( 1 - p) / n )
= 1.645 * sqrt ( 0.56 ( 1 - 0.56) / 1009)
= 0.0257
b)
Since critical z value at 0.15 significance is less than 0.10 significance level, the margin of error for 85% confidence
is smaller.
c)
Margin of error = Z/2 * sqrt (p( 1 - p) / n )
= 1.4395 * sqrt ( 0.56 ( 1 - 0.56) / 1009)
= 0.0225
A poll taken this year asked 1009 adults whether they were fans of a particular sport...
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