Question: In discussing the sample size required for obtaining a confidence interval with a prescribed confidence level and margin of error, we made the following statement:

In discussing the sample size required for obtaining a confidence interval with a prescribed confidence level and margin of error, we made the following statement: “._______._______. we should be aware that, if the observed value of pˆ is closer to 0.5 than is our educated guess, the margin of error will be larger than desired.” Explain why.

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