Reply #123: My calculation is incorrect? You better look at this.

[TruthIsAll]

N= 1000 sample size

Sqrt (N)= 31.62278
MOE = 1/sqrt(N)= 1/31.62278 = 3.1623%

You get 3.1%.
I get 3.1623%.

Where's the beef?

I am a firm believer in the KISS philosophy: Keep the calculations in the model as simple as possible.

The simpler the model, the more robust.

Introducing extraneous calculations serves no useful purpose - in fact, it will obscure understanding the basics of the system we are attempting to model.

We should use the minimal number of calculations necessary to derive results which model the real-world problem at hand.

e=mc^2
f=ma

MOE= 1/sqrt(N)

But I digress...