If n = 10,000 what interval gives you 99% confindence?
We are solving for e (epsilon)...
1 - [1/(4*n*e^2)] = .99
.01 = 1/(40000*e^2)
e = (1/20) = .05
We are 99% sure that we are within .05 of the actual p.
If n = 10,000 what interval gives you 99% confindence?
We are solving for e (epsilon)...
1 - [1/(4*n*e^2)] = .99
.01 = 1/(40000*e^2)
e = (1/20) = .05
We are 99% sure that we are within .05 of the actual p.