Question: QUESTION 02 (10 points) - Sample Size Determination for Cl of Population Proportion Hypothetically, you need to construct a confidence interval for the homeownership proportion

QUESTION 02 (10 points) - Sample Size Determination for Cl of Population Proportion Hypothetically, you need to construct a confidence interval for the homeownership proportion in Irvine, California. The homeownership proportion is believed to be around 45%. How many householders would you survey for a 99%Cl where the maximum likely sampling error (margin of error) is 1.0% ? Make a sketch to illustrate how you find the z-value, and interpret your result

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