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Use the given data to find the minimum sample size required to estimate the population proportion.
-Margin of error: 0.008; confidence level: 99%; from a prior study, is estimated by 0.208.
New Product Development
A process used by companies to conceptualize, design, develop, and finally launch a new product in the market.
Nondurable Good
A product that is consumed or has a short life span, typically less than three years, such as food, fuel, or paper products.
Intangible Activities
Actions or processes that cannot be physically touched or measured, often associated with services, experiences, or intellectual properties.
Fitness
A state of health and well-being, often achieved through regular physical activity, proper nutrition, and adequate rest.
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