The latest poll of 400 randomly selected residents showed that 288 of them are hoping that the old town cinema stays open on Main Street. With a desired confidence interval of [tex]$95\%$[/tex], which has a [tex]$z^\ \textless \ em\ \textgreater \ $[/tex]-score of 1.96, what is the approximate margin of error for this polling question?

[tex]E = z^\ \textless \ /em\ \textgreater \ \sqrt{\frac{\hat{p}(1-\hat{p})}{n}}[/tex]

A. [tex]4\%[/tex]
B. [tex]5\%[/tex]
C. [tex]7\%[/tex]
D. [tex]8\%[/tex]



Answer :

To determine the margin of error for the polling question, we will follow several steps involving statistics and probability calculations.

### Step-by-Step Solution:

1. Sample Size and Positive Responses:
- Sample size ([tex]\( n \)[/tex]) = 400
- Number of positive responses = 288

2. Calculate the Sample Proportion ([tex]\( \hat{p} \)[/tex]):
The sample proportion is the number of positive responses divided by the total sample size:
[tex]\[ \hat{p} = \frac{\text{positive responses}}{\text{sample size}} = \frac{288}{400} = 0.72 \][/tex]

3. Determine the Critical Value (z[tex]\(^\)[/tex]):
For a confidence level of 95%, the critical value ([tex]\( z^ \)[/tex]) is 1.96.

4. Calculate the Margin of Error (E):
We use the margin of error formula:
[tex]\[ E = z^* \sqrt{\frac{\hat{p}(1-\hat{p})}{n}} \][/tex]
Substituting the given values:
[tex]\[ E = 1.96 \sqrt{\frac{0.72 \times (1 - 0.72)}{400}} \][/tex]

5. Simplify Inside the Square Root:
[tex]\[ 1 - 0.72 = 0.28 \][/tex]
[tex]\[ \frac{0.72 \times 0.28}{400} = \frac{0.2016}{400} = 0.000504 \][/tex]

6. Calculate the Square Root:
[tex]\[ \sqrt{0.000504} \approx 0.02243 \][/tex]

7. Multiply by the Critical Value:
[tex]\[ E = 1.96 \times 0.02243 \approx 0.044 \][/tex]

8. Convert the Margin of Error to Percentage:
[tex]\[ 0.044 \times 100 = 4.4\% \][/tex]

### Conclusion:
The approximate margin of error for this polling question is 4.4%.

Out of the options given:
- 4%
- 5%
- 7%
- 8%

The closest answer to our calculated margin of error is 4%. So, the correct choice is 4% (although it would be more precise to say 4.4%).

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