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formula for sample size and margin of error. Popular Course in this category. This formula generates the sample size n required to ensure that the margin of error E does not exceed a specified value.
Odit molestiae mollitia laudantium. Therefore the sample size can be calculated using the formula as 10000 196 2 05 1-05 005 2 10000 1 196 2 05 1-05 005 2 Therefore 370 customers will be adequate for deriving meaningful inference. I calculate the margin of error and confidence interval using three differ.
This formula generates the sample size n required to ensure that the margin of error E does not exceed a specified value.
For this survey a margin of error of 005 is considered sufficiently accurate. Using Slovins formula the required sample survey size equals. Margin of Error 165 047 1 047 1000 Margin of Error 260. Popular Course in this category.