I want to estimate, with 99 style
I want to estimate, with 99 style=”color:rgb(0,0,0);background-color:transparent;”>% confidence, the population proportion of adults who are confident with their banking system. I need to estimate to be within 5% of the population proportion.(a) There is not a preliminary estimate available. Find the minimum sample size needed.(b) Find the minimum sample size needed, using a prior study that found that 34% of the respondents said they are confident with their country’s banking system.(c) Compare the results from parts (a) and (b). (a) What is the minimum sample size needed assuming that no prior information is available?
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