SOLUTION: Suppose you have a box with a very large number of orange and blue beads. You want to estimate the proportion of orange beads in the box and you want to be 95% confident that your
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-> SOLUTION: Suppose you have a box with a very large number of orange and blue beads. You want to estimate the proportion of orange beads in the box and you want to be 95% confident that your
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Question 925730: Suppose you have a box with a very large number of orange and blue beads. You want to estimate the proportion of orange beads in the box and you want to be 95% confident that your point estimate, which is the sample proportion is within 1% of the true proportion Find the appropriate sample size.
The appropriate sample size(n) is
