SOLUTION: Use the given data to find the minimum sample size required to estimate the population proportion. 13) ^ ^ Margin of error: 0.04; confidence level: 94%; p and q unknown

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Question 695851: Use the given data to find the minimum sample size required to estimate the population proportion.
13) ^ ^ Margin of error: 0.04; confidence level: 94%; p and q unknown

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Use the given data to find the minimum sample size required to estimate the population proportion.
13) ^ ^ Margin of error: 0.04; confidence level: 94%; p and q unknown
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n = [z/E]^2*pq
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Note: The least-biased estimate for p and q is 1/2
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n = [2.0537/0.04]^2*(1/2)^2
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n = 659
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Cheers,
Stan H.
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