. Assume prior studies have shown that about 60% of full - time students earn bachelor's degrees in four years or less. n =

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b. Assume prior studies have shown that about 60% of full - time students earn bachelor's degrees in four years or less. n = 

7.1.33-T
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 0.04
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=
(Round up to the nearest integer.)
Transcribed Image Text:7.1.33-T 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 0.04 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= (Round up to the nearest integer.)
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