You are working on a political campaign and you want to take a sample to determine your candidate’s present status. It is a very close race between your candidate and the opponent. How many samples must be taken to ensure that the measured percentage of voters supporting your candidate will lie within a margin of error of 3% with 95% confidence? How many samples will be needed to satisfy these requirements? Show the formula employed along with any explanations and assumptions.

MATLAB: An Introduction with Applications
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You are working on a political campaign and you want to take a sample to determine your candidate’s present status. It is a very close race between your candidate and the opponent. How many samples must be taken to ensure that the measured percentage of voters supporting your candidate will lie within a margin of error of 3% with 95% confidence?

How many samples will be needed to satisfy these requirements?

Show the formula employed along with any explanations and assumptions.

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