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A regional hardware chain is interested in estimating the proportion of their customers who own their own homes. There is some evidence to suggest that the proportion might be around 0.70. Given this, what sample size is required if they wish a 90 percent confidence level with a margin of error of ±.025?
Government Budget Deficit
The financial situation that occurs when a government's expenditures exceed its revenues.
Demand for Funds
The desire of businesses, governments, and individuals to borrow money to fund investment projects, operations, or consumption.
Interest Rate
The cost of borrowing money or the return on investment for lenders, typically expressed as a percentage.
Stock Price Index
An index that measures the performance of a basket of stocks, representing a specific sector, market, or economy.
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