SOLUTION: Find the sample size necessary to achieve the following:Margin of error E=0.005, confidence level=99%, when the p is unknown. Again, assume this is an estimation of th population p
Algebra ->
Probability-and-statistics
-> SOLUTION: Find the sample size necessary to achieve the following:Margin of error E=0.005, confidence level=99%, when the p is unknown. Again, assume this is an estimation of th population p
Log On
Question 474843: Find the sample size necessary to achieve the following:Margin of error E=0.005, confidence level=99%, when the p is unknown. Again, assume this is an estimation of th population proportoin Answer by robertb(5830) (Show Source):
You can put this solution on YOUR website! The margin of error is approximately given by
, where
when the parameter p is unknown.
==> , or n = 66,306.25.
So sample size must be at least 66,307.
