What is the approximate sample size required to estimate the percentage of Americans who have earned a college degree to within 2%, with 95% confidence? Recall: the worst case scenario would assume that p = 0.5 2401

What is the approximate sample size required to estimate the percentage of Americans who have earned a college degree to within 2%, with 95% confidence? Recall: the worst case scenario would assume that p = 0.5 2401

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.

Question

Determine the necessary sample size.
What is the approximate sample size required to estimate the percentage of
Americans who have earned a college degree to within 2%, with 95% confidence?
Recall: the worst case scenario would assume that p = 0.5
%3D
O 2401
O 3382
O4145
O 1692
7156

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