Suppose You Wish to Estimate a Population Proportion P Based

question 11

Multiple Choice

Suppose you wish to estimate a population proportion p based on sample of n observations. What sample size is required if you want your estimate to be within .03 of p with probability equal to 0.90?

• A) 752
• B) 423
• C) 1,068
• D) 1.529
• E) none of these

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Definitions:

Financial Pressure

The stress or strain on a company's cash flow and finances, potentially affecting its operational capability.

Custodian

An entity or individual responsible for safeguarding or managing someone else's property or financial assets.

Accounting Records

Documents and books that keep track of all financial transactions of an entity for the purpose of financial reporting.

Company Asset

Assets owned by a company, including both tangible and intangible resources, used in operating the business.