Hi, can you please help and show all steps
Posted: Wed May 11, 2022 4:23 pm
Hi, can you please help and show all steps
An editor wants to estimate the proportion of people reading bestselling novels, so that his estimate falls within 0.05 of the true proportion. Assuming there's no prior estimator, how large a sample of people is needed to achieve 99% confidence interval?
An editor wants to estimate the proportion of people reading bestselling novels, so that his estimate falls within 0.05 of the true proportion. Assuming there's no prior estimator, how large a sample of people is needed to achieve 99% confidence interval?