In a study of government financial aid for college students, it becomes necessary to estimate the percentage of full-time college students who earn a bachelor's degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.02 margin of error and use a confidence level of 95% Complete parts (a) through (b) below. a. Assume that nothing is known about the percentage to be estimated. n= (Round up to the nearest integer.) b. Assume prior studies have shown that about 60% of full-time students earn bachelor's degrees in four years or less (Round un to the nearest integor)

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In a study of government financial aid for college students, it becomes necessary to estimate the percentage of full-time college students who earn a bachelor's degree
in four years or less. Find the sample size needed to estimate that percentage. Use a 0.02 margin of error and use a confidence level of 95% Complete parts (a)
through (b) below.
a. Assume that nothing is known about the percentage to be estimated.
n=
(Round up to the nearest integer.)
b. Assume prior studies have shown that about 60% of full-time students earn bachelor's degrees in four years or less.
(Round un to the nearest integor)
Transcribed Image Text:In a study of government financial aid for college students, it becomes necessary to estimate the percentage of full-time college students who earn a bachelor's degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.02 margin of error and use a confidence level of 95% Complete parts (a) through (b) below. a. Assume that nothing is known about the percentage to be estimated. n= (Round up to the nearest integer.) b. Assume prior studies have shown that about 60% of full-time students earn bachelor's degrees in four years or less. (Round un to the nearest integor)
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