How many voters should the firm poll

Reference no: EM131216384

A political polling firm is conducting a poll in order to determine which candidate is likely to win an upcoming election. The polling firm interviews likely voters and asks each whether or not they will vote for the republican (R) or the democrat (D) candidate. They then tabulate the percentage that respond R and D

(a) How many voters should the firm poll in order to correctly estimate the correct proportion of R and D respondents in the general population to within percentage points with 90% probability?

(b) Repeat part (a) if we want 95% confidence in our polling data.

Reference no: EM131216384

Questions Cloud

Describe the key factors affecting the demand for good : From the scenario for Katrina's Candies, examine the key factors affecting the demand for and the supply of a good in general and Katrina's Candies specifically.

Determine the number of failures that must be measured : Determine the number of failures that must be measured before µM lies within 20 % of the true µM with a 90% probability.

Practice of issues in financial reporting : BAP62 - Issues in Financial Reporting - Students are required to complete the assessment in group of five and do not have an automatic entitlement to adopt some other arrangements without prior permission from the lecturer.

Find key factors that you believe to be the most influential : When deciding whether or not to outsource offshore, list the key factors aside from maximizing profits that managers should consider. Determine the key factors that you believe to be the most influential.

How many voters should the firm poll : How many voters should the firm poll in order to correctly estimate the correct proportion of R and D respondents in the general population.

Identify the principles underlying effective behavior change : Describe how you could apply operant conditioning theory to create an evidence-based behavior modification to address Emma's behavior. Outline all components of the procedure selected and be sure to provide the rationale for its selection based on..

Complete the information in the decision tree : Complete the information in the Decision Tree in the Excel file. Determine the Expected NPV of the decision if you were to consult the Expert. Does use of the Expert increase the value of your analysis? If so, by how much?

Average number of data bits per minute arriving at the node : What is the average number of data bits per minute arriving at the node?- What is the variance of the number of data bits per minute arriving at the node?

Record the clients amended or adapted fitness program : Discuss when you will undertake the relevant fitness appraisals to monitor a client's fitness development. Record the clients amended or adapted fitness program

User Account

All Pages