Given:
sample size = 400
proportion for success p = 66% or 0.66
confidence level = 90%
Find: margin of error
Formula:
To find the margin of error of a single proportion, the formula is:
where:
z = critical value based on the given confidence level
p = proportion of success in a decimal number
n = sample size
Assuming a two-tailed test, the critical value for a 90% confidence level is 1.645. Hence, our z = 1.645.
Let's replace the variables in the formula with their corresponding numerical values based on the given information listed above.
Then, solve for MOE. Here are the steps based on the formula.
1. Multiply 0.66 and the difference of 1 and 0.66.
2. Divide the result by 400.
3. Get the square root of the result in step 2.
4. Multiply the result in step 3 by the critical value z.
Answer:
At a 90% confidence level, the margin of error of this poll is approximately 0.039.