Question: A researcher, believing to be no more than 0.40, calculates the necessary sample size for the confidence level and maximum likely error he has

A researcher, believing π to be no more than 0.40, calculates the necessary sample size for the confidence level and maximum likely error he has specified. Upon completing the study, he finds the sample proportion to be 0.32. Is the maximum likely error greater than, equal to, or less than that originally specified? Explain.

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