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If No Estimate of P Exists When Determining the Sample

question 67

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If no estimate of p exists when determining the sample size for a confidence interval for a
proportion, we can use .5 in the formula to get a value for n.


Definitions:

Quantity Sold

The total number of units of a product or service sold in a given period.

Disney World Tickets

Specific passes required for admission to the Walt Disney World Resort, an entertainment complex in Florida.

Demand

The desire to own something coupled with the power to purchase it.

Attendance Falls

A decrease in the number of people present at an event, institution, or place compared to a previous period.

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