Suppose that you wish to find a population proportion p with accuracy ±2% with 99% confidence. What sample size n would you recommend if p could be 0.5? What if the population proportion p can be assumed to be no larger than 0.40?

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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Suppose that you wish to find a population proportion p with accuracy +2% with 99%
confidence. What sample size n would you recommend if p could be 0.5? What if the population
proportion p can be assumed to be no larger than 0.40?
Transcribed Image Text:Suppose that you wish to find a population proportion p with accuracy +2% with 99% confidence. What sample size n would you recommend if p could be 0.5? What if the population proportion p can be assumed to be no larger than 0.40?
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