Determining sample size based on confidence and margin of error
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Answered: A sample proportion of 0.36 is found. To determine the margin of error for this statistic, a simulation of 100 trials is run, each with a sample size of 50 and… | bartleby
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SOLVED: At 95% confidence, how large a sample should be taken to obtaina margin of error of 0.050 for the estimation of a populationproportion? Assume that past data are not available for developinga planning value for p*. Round up to the next whole number
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