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)![]() ![]() You can put this solution on YOUR website! 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 \n" ); document.write( " |