Statisticians consider 834 to be the minimum number of people needed to guarantee a margin of error lower than 5 percent.

Question

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The minimum number of people needed to guarantee a margin of error lower than 5 percent depends on various factors, including the population size, the level of confidence desired, and the variability of the population. There is no fixed number like 834 that applies universally to all statistical analyses.

Statisticians Consider 834 to Be the Minimum Number of People