You desire to estimate p for a binomial process. You know that p is less than...

You desire to estimate p for a binomial process. You know that p is less than 0.65 and greater than 0.45. Find n, the sample size required, to yield 95% confidence of estimating the true proportion, p, within .02.

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Solutions

Expert Solution

Given that p is less than 0.65 and greater than 0.45. hence the sample proportion

and E=0.02 also the Z value at 95% confidence level is 1.96 which is computed using Z table shown below

So, minimum sample is calculated as

orchestra answered 1 year ago

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