To estimate the next presidents final approval rating, the sample size should be 907.
Margin of error is 2.5% = 2.5/100 = 0.025
confidence level = 95%
n = 560
x = 100
P^ = x/n = 100/560 = 0.18
Using the standard normal table, the critical value at 95% confidence level is 1.96.
The sample size is
n = p(1 - p)[tex](\frac{z}{E})^{2}[/tex]
n = 0.18 (1 - 0.18)(1.96/0.025)²
n = 0.18 x 0.82 x 6146.56
n = 907.23 ≅ 907
Therefore, to estimate the next presidents final approval rating, the sample size should be 907.
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