I want to calculate sample size to compare failure rates between two groups.
I expect that group 1 has a failure rate of around 1%, and group 2 something similar or hopefully lower.
I have turned to the JMP platform Interval Explorer for Two Independent Sample Proportions, and filled:
Group 1 proportion = 0.01
Group 2 proportion = 0.01
but I am unsure with what to fill Margin of Error. Is this the desired confidence interval around the group proportions?