SOLUTION: If we want to be 99% confident that our estimate of the population percentage (p) of green M&M candies is within 4% of the actual population percentage, how many M&M's must be in o

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Question 556676: If we want to be 99% confident that our estimate of the population percentage (p) of green M&M candies is within 4% of the actual population percentage, how many M&M's must be in our sample?

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
If we want to be 99% confident that our estimate of the population percentage (p) of green M&M candies is within 4% of the actual population percentage, how many M&M's must be in our sample?
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n = [z/E]pq
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n = [2.5758/0.04]^2*(1/2)(1/2)
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n = 1037 when rounded up
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Cheers,
Stan H.
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