Final answer:
A sample size of approximately 1846 people is required for a 99% confidence level with a margin of error of 0.03, using a previous estimate of 62% support for healthcare revisions.
Step-by-step explanation:
To calculate the sample size required for estimating a population proportion with a certain level of confidence, we can use the formula for the sample size of a proportion:
n = (Z^2 × p × (1-p)) / E^2
Where:
- Z is the z-value corresponding to the confidence level
- p is the estimated proportion from previous research
- E is the margin of error
For a 99% confidence level, the Z value is approximately 2.576. Using a previous estimate of 62% support, p would be 0.62, and E would be 0.03 (the desired margin of error).
n = (2.576^2 × 0.62 × 0.38) / 0.03^2
After calculating, we determine that a sample size of approximately 1846 participants would be required. (Actual calculations may provide a slightly different number due to rounding.)
If no estimate is available, the most conservative estimate for p is 0.5, as it maximizes the product p(1-p).
n = (2.576^2 × 0.5 × 0.5) / 0.03^2
Using these values, the required sample size would be approximately 1842 participants.