00:01
So, for this problem, we can see that we are actually explicitly given the formula that we'll need to use for calculating our sample size.
00:09
It's z for a tail proportion of alpha over 2, divided by our desired margin of error, squared, times our best estimate for the proportion times 1 minus that best estimate for the proportion.
00:21
Now, let's see here.
00:25
We are not given any prior information, so our best estimate for the proportion is simply going to be 0 .5, or at least that will give us the most conservative answer.
00:35
Additionally, we'll need to determine our appropriate z -score.
00:39
Since we're looking for 95 % confidence, that means we're at alpha equals 0 .05.
00:45
So i'll use a table, oh, actually, i'll specify our z -score should be for a tail proportion of 0 .025...