document.write( "Question 981166: You wish to estimate with a 95% confidence the population proportion of kids who say red is their favorite color. Estimate must be within 5% of population proportion. Find minimum sample size. \n" ); document.write( "
Algebra.Com's Answer #602199 by jim_thompson5910(35256)\"\" \"About 
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z = 1.96 is the critical value at 95% confidence
\n" ); document.write( "E = 5% = 0.05 is the margin of error
\n" ); document.write( "Since we don't know p, we make the conservative estimate that p = 0.5\r
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\n" ); document.write( "\n" ); document.write( "n = p(1-p)(z/E)^2\r
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\n" ); document.write( "\n" ); document.write( "n = 0.5(1-0.5)(1.96/0.05)^2\r
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\n" ); document.write( "\n" ); document.write( "n = 384.16\r
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\n" ); document.write( "\n" ); document.write( "n = 385 ... Round up to the nearest whole number.\r
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\n" ); document.write( "\n" ); document.write( "The min sample size needed is 385.
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