Assume that you wish to estimate a pipulation propotion, p. For a given margin of error and confidence level, determine the sample size required. A university's adiministrator wishes to estimate the proportion of graduates who have not found employment in their major field one year after graduation. Obtain a sample size that will ensure a margin of error of at most 0.05 for a 99% confidence interval. It is deemed reasonable to presume that of those sampled, the proportion who have not found employment will be at most 0.07

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 58E: What is meant by the sample space of an experiment?
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Assume that you wish to estimate a pipulation propotion, p. For a given margin of error and confidence level, determine the sample size required.

A university's adiministrator wishes to estimate the proportion of graduates who have not found employment in their major field one year after graduation. Obtain a sample size that will ensure a margin of error of at most 0.05 for a 99% confidence interval. It is deemed reasonable to presume that of those sampled, the proportion who have not found employment will be at most 0.07

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