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Figure 7-19. A new parameter to select desired confidence level
Next, he needed to create a number of calculated fields to generate the error bars:
% in Chess Club , p = [In Chess Club]/([In Chess Club]+[Not in Chess Club])
▪ Sample Size, n = [In Chess Club]+[Not in Chess Club]
Standard Error = SQRT(([% in Chess Club]*(1-[% in Chess Club]))/[n])
z upper = CASE [Confidence level]
— WHEN 0.99 THEN 2.575829
— WHEN 0.95 THEN 1.959964
— WHEN 0.90 THEN 1.644854
Margin of Error = [Standard Error]*[z upper]
Lower limit = [% in Chess Club]-[Margin of Error]
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