In Determining the Sample Size Needed to Estimate the Population $\hat { P }$

question 97

True/False

In determining the sample size needed to estimate the population proportion p,we let the sample proportion $\hat { P }$ = 1 if we have no knowledge of even the approximate values of $\hat { P }$ .

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Definitions:

Ratio

A quantitative relationship between two numbers showing how many times one value contains or is contained within the other.

Express

To show, manifest, or reveal something through words, gestures, actions, or artistic expression.

Proportion

A portion, fraction, or quantity assessed in relation to its total entity.

Business

An organization or enterprising entity engaged in commercial, industrial, or professional activities.