You plan to build a 99% confidence interval estimate of a population proportion. You want the interval

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You plan to build a 99% confidence interval estimate of a population proportion. You want the interval to be no wider than + .05. You have no information about the value of.
a. How big a sample would be appropriate?
b. Suppose a pilot sample had given .2 as an estimate of the population proportion. Using this estimate, what would be the recommended sample size? Comment on how this sample size compares to the one in part a.
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Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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