Question

Suppose you want to estimate the proportion of traditional college students on your campus who own their own car. You have no preconceived idea of what that proportion might be. What sample size is needed if you wish to be

98 %

confident that your estimate is within

0.05

of the true proportion?

A sample size of

nothing

is needed.

(Round up to the nearest whole number.)

Answer 1

Population Proportion -p = 0.5 (assumed) Margin of Error = 0.05 Confidence Level = 98 Significance Level = α = 0.02 Critical Value--*- 2.326 afk Sa nple Size=n=p(1-p)|-| ~ 542