Problem 3 To estimate the portion of voters who plan to vote for Candidate A in an election, a random sample of size n from the voters is chosen. The sampling is done with replacement. Let 0 be the portion of voters who plan to vote for Candidate A among all voters. How large does n need to be so that we can obtain a 90% confidence interval with 3% margin of error? That is, how large n needs to be such that P(X-0.03 <0 0.90,

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Problem 3
To estimate the portion of voters who plan to vote for Candidate A in an election, a
random sample of size n from the voters is chosen. The sampling is done with
replacement. Let 0 be the portion of voters who plan to vote for Candidate A among all
voters. How large does n need to be so that we can obtain a 90% confidence interval
with 3% margin of error? That is, how large n needs to be such that
P(X - 0.03 <0 < X +0.03) > 0.90,
Transcribed Image Text:Problem 3 To estimate the portion of voters who plan to vote for Candidate A in an election, a random sample of size n from the voters is chosen. The sampling is done with replacement. Let 0 be the portion of voters who plan to vote for Candidate A among all voters. How large does n need to be so that we can obtain a 90% confidence interval with 3% margin of error? That is, how large n needs to be such that P(X - 0.03 <0 < X +0.03) > 0.90,
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