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(Solved): A total of 200,000 doctors belong to a particular medical association. A random sample of 350 of th ...



A total of 200,000 doctors belong to a particular medical association. A random sample of 350 of these doctors is selected in order to be surveyed about the topic of medical malpractice. If we use the quick method to estimate the margin of error for this survey, approximately what would that margin of error be?

6.3%

5.3%

It’s impossible to answer this question without more information.

4.7%

Smaller than 1%



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The margin of error for a survey depends on the desired confidence level and the sample size. Since the question states that the "quick method" is used to estimate the margin of error, we can assume a 95% confidence level, which is commonly used.

To estimate the margin of error using the quick method, we can use the formula:

Margin of Error = Critical Value * (Standard Deviation / Square Root of Sample Size)


Finite Population Correction Factor = Square Root of [(Population Size - Sample Size) / (Population Size - 1)]

In this case, the finite population correction factor is:

Finite Population Correction Factor = Square Root of [(200,000 - 350) / (200,000 - 1)]

? Square Root of (199,650 / 199,999) ? 0.99975

Applying the finite population correction factor to the critical value, we get:

Adjusted Critical Value = 1.96 * 0.99975 ? 1.959

Now, we can calculate the margin of error using the adjusted critical value:

Margin of Error = 1.959 * (Standard Deviation / Square Root of Sample Size)



Since we don't have information about the standard deviation, it's impossible to provide an exact margin of error. Therefore, the correct answer is: It’s impossible to answer this question without more information.
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