A restaurant would like to estimate the proportion of tips that exceed​ 18% of its dinner bills. Without any knowledge of the population​ proportion, determine the sample size needed to construct a...


A restaurant would like to estimate the proportion of tips that exceed​ 18% of its dinner bills. Without any knowledge of the population​ proportion, determine the sample size needed to construct a 97​% confidence interval with a margin of error of no more than 4​% to estimate the proportion.



Jun 03, 2022
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