Question: Hello there, I am having a hard time understanding this question and its answer. Would you please explain it to me? You are planning a

Hello there, I am having a hard time understanding this question and its answer. Would you please explain it to me?

You are planning a sample survey to estimate the proportion of U.S. registered voters that plan to vote for the Republican candidate in the next presidential election. You want to estimate p with 99% confidence and a margin of error no greater than 2%. Using a p* of 0.5, you need a sample of at least 1068.

True or False?

ANSWER: False

1068 is the correct sample size for 95% confidence with a 0.03 margin of error.

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