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StatisticsQ&A LibraryIn 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 0.03 margin of error and use a confidence level 90%.Question

Asked Dec 4, 2019

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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 0.03 margin of error and use a confidence level 90%.

Step 1

The required sample size is calculated by using the formula:

Step 2

The proportion of full-time college students who earn bachelor’s degree in four years or less is not given. ...

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