document.write( "Question 1192657: n a study of government financial aid for college students, researchers needed to estimate the proportion of full-time college students who earn a bachelor's degree in 4 years or less. Assuming a confidence level of 90%, find the sample size needed to estimate that proportion with a 0.03 margin of error in two cases: (1) no assumptions are made about the value of the sample proportion, and (2) prior studies have shown that roughly 60% of full-time students earn a bachelor's degree in four years or less. (Round your answers upward to the next higher integer.) \n" ); document.write( "
Algebra.Com's Answer #824555 by Boreal(15235)\"\" \"About 
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error=z(0.95)*std error
\n" ); document.write( "0.03=1.645*sqrt(0.5*0.5/n)
\n" ); document.write( "square both sides
\n" ); document.write( "0.0009=2.706*0.25/n
\n" ); document.write( "multiply both sides by n and divide both by 0.0009
\n" ); document.write( "n=2.706*0.25/0.0009
\n" ); document.write( "=751.67=752
\n" ); document.write( "-
\n" ); document.write( "0.03=1.645*sqrt(0.6*0.4/n)
\n" ); document.write( "n=2.706*0.24/0.0009
\n" ); document.write( "=721.6 or 722
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