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The National Center for Education Would Like to Estimate the Proportion

question 130

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The National Center for Education would like to estimate the proportion of students who defaulted on their student loans for the state of Arizona. The total sample size needed to construct a 95% confidence interval for the proportion of student loans in default with a margin of error equal to 4% is ________.


Definitions:

Heuristics

Heuristics are cognitive shortcuts or rules of thumb that simplify decision making, often used when facing complex problems or incomplete information.

Algorithms

A set of rules or instructions typically used in computer programming and mathematics to perform calculations or problem-solving operations.

Phonemes

The basic distinctive units of sound in a language that distinguish one word from another, for example, the sounds /p/, /b/, /d/, and /t/ in the English words "pad", "bat", "bad", and "tap".

Morphemes

The smallest grammatical units in a language that carry meaning; they can be words or parts of words (like suffixes or prefixes).

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