Question: Please explain how to solve the second part. Thank you in advance. X 7.1.33-T Question Help In a study of government financial aid for college

Please explain how to solve the second part. Thank you in advance.

Please explain how to solve the second part. Thank you in advance.

X 7.1.33-T Question Help In a study of government financial aid for college students, it becomes necessary to estimate the percentage of full-time college students who earn a bachelor's degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.05 margin of error and use a confidence level of 99%. Complete parts (a) through (c) below. a. Assume that nothing is known about the percentage to be estimated. n = 664 (Round up to the nearest integer.) b. Assume prior studies have shown that about 60% of full-time students earn bachelor's degrees in four years or less. n =] (Round up to the nearest integer.)

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