# A local hotel wants to estimate the proportion of its guests that are from out-of-state. preliminary estimates are that 45%

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## Question:

A local hotel wants to estimate the proportion of its guests that are from out-of-state. preliminary estimates are that 45% of the hotel guests are from out-of-state. How large a sample should be taken to estimate the proportion of out-of-guest with a margin of error no larger than 5% and with a 95% level of confidence?

**Related Book For**

## Statistics for Business and Economics

ISBN: 978-0132930192

8th edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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