document.write( "Question 1171704: For a test market, find the sample size needed to estimate the true proportion of consumers satisfied with a certain new product within ±0.04 at the 90 percent confidence level, assume you have no strong feeling about what the proportion is
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #796620 by Boreal(15235)\"\" \"About 
You can put this solution on YOUR website!
the half-interval is z(0.95)*sqrt(p(1-p)/n)
\n" ); document.write( "z is 1.645
\n" ); document.write( "p=0.5
\n" ); document.write( "1.645*sqrt(0.25/n)=0.04
\n" ); document.write( "sqrt(0.25/n)=0.0243
\n" ); document.write( "square both sides
\n" ); document.write( "0.25/n=0.00059127
\n" ); document.write( "n=422.81 round to 423.\r
\n" ); document.write( "\n" ); document.write( "
\n" ); document.write( "
\n" );