Final answer:
To estimate a population proportion with a desired level of confidence and margin of error, we can use the formula for sample size. In this case, a sample size of at least 384 is required to obtain a 90% confidence level with a margin of error of 4.5%.
Step-by-step explanation:
To estimate a population proportion with a desired level of confidence and margin of error, we can use the formula for sample size:
n = (z² * p' * q') / EBP²
Where:
- n = sample size
- z = z-score corresponding to the desired level of confidence
- p' = estimated population proportion
- q' = 1 - p' (complement of the estimated population proportion)
- EBP = margin of error
In this case, we want to estimate the population proportion with a 90% confidence level and a margin of error of 4.5%. We estimate the population proportion to be 40%. Plugging these values into the formula:
n = ((1.645² * 0.4 * 0.6) / 0.045²)
n ≈ 384
Therefore, a sample size of at least 384 is required to obtain a 90% confidence level with a margin of error of 4.5%.