What is the minimal sample size needed for a 99% confidence interval to have a maximal margin of error of 0.01 (a) ifa preliminary estimate for p is 0.71? minimum sample size (a) if there is no preliminary estimate for p? minimum sample size
What is the minimal sample size needed for a 99% confidence interval to have a maximal margin of error of 0.01 (a) ifa preliminary estimate for p is 0.71? minimum sample size (a) if there is no preliminary estimate for p? minimum sample size
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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Questions (A) and (A). Please!

Transcribed Image Text:### Determining Minimum Sample Size for a 99% Confidence Interval
To calculate the minimal sample size required for a 99% confidence interval with a maximum margin of error of 0.01, consider the following scenarios:
#### (a) With a Preliminary Estimate
- **Preliminary Estimate for \( p \):** 0.71
- **Minimum Sample Size Calculation Needed**
#### (b) Without a Preliminary Estimate
- **No Preliminary Estimate for \( p \)**
- **Minimum Sample Size Calculation Needed**
Understanding these calculations is crucial for accurate data analysis and ensuring statistical reliability.
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