
Jon S. answered 04/14/20
Patient and Knowledgeable Math and English Tutor
For a proportion the margin of error is z critical for 95% * standard error,
where standard error = sqrt (p * (1-p)/n).
z critical for 95% confidence is 1.96
Since we are not given p, we assume a value of p=0.5, so standard error = sqrt(0.5*0.5/n)
We want margin of error <= 0.01 (percent converted to proportion) so we want
1.96 * sqrt(0.25/n) <= 0.01
1.96^2 * 0.25/n <= 0.01^2
1.96^2 *.025/0.01^2 <= n (multiply both sides by n and divide both sides by 0.01^2)
9604 <- n
sample size = 9604