Answer: (E) 246
Explanation:
Formula to find the sample size :
, where p= Prior estimate of population proportion, z^*= Critical z-value and E = margin of error .
Let p be the Prior proportion of voters who support mandatory handgun registration..
As per given, we have
E= 0.025
Critical z value for 95% confidence level =z*=1.96
If p=0.30
Required sample size would be :
If no Prior proportion is known , then we take p= 0.50
Required sample size =
Difference :
∴ If we had no idea what the true population proportion was, we need 246 more people to survey than if you thought the true population proportion was very close to .3.
Therefore , the correct answer is (E) 246 .