How Large a Sample Should Be Taken to Estimate a Population

question 57

Short Answer

How large a sample should be taken to estimate a population proportion to within 0.01 with 90% confidence if the proportion is known to be around 5%?

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Definitions:

Analytical Report

A detailed examination that breaks down a complex problem or issue into smaller parts for better understanding.

Action Points

Specific tasks or steps identified during a meeting or discussion that need to be completed to achieve a particular goal or objective.

Skepticism

An attitude of doubt or disbelief towards certain types of information or claims without substantial evidence.