SOLUTION: A rental property management company wants to estimate, with 99% confidence, the proportion of vacationers who will likely rent their properties in Destin, Florida during the month
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Question 922467: A rental property management company wants to estimate, with 99% confidence, the proportion of vacationers who will likely rent their properties in Destin, Florida during the month of June. The estimate must be accurate within 4% of the population proportion. A prior study was conducted last year. It found that 32% of vacationers chose to rent their properties in Destin during the month of June. Find the minimum sample size required for the population proportion. Answer by ewatrrr(24785) (Show Source):
