ou are going to create a 95% confidence interval for a population proportion and want the margin of error to be no more than 0.05. Historical data indicate that the population proportion has remained constant at about 0.7. What is the minimum size random sample you need to construct this interval? A) 315 B) 319 C) 323 D) 328

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.CT: Chapter Test
Problem 24CT: Show the sample space of the experiment: toss a fair coin three times.
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You are going to create a 95% confidence interval for a population proportion and want the margin of error to be no more than 0.05. Historical data indicate that the population proportion has remained constant at about 0.7. What is the minimum size random sample you need to construct this interval?

A) 315

B) 319

C) 323

D) 328

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