In a study of government financial aid for college students, it becomes necessary to estimate the percentage of full-time college students who earn a bachelor's degree in four years or less. Find the...


In a study of government financial aid for college students, it becomes necessary to estimate the percentage of full-time college<br>students who earn a bachelor's degree in four years or less. Find the sample size needed to estimate that percentage. Use a<br>0.04 margin of error and use a confidence level of 95%. Complete parts (a) through (c) below.<br>a. Assume that nothing is known about the percentage to be estimated.<br>n = 601<br>(Round up to the nearest integer.)<br>b. Assume prior studies have shown that about 40% of full-time students earn bachelor's degrees in four years or less.<br>n =<br>(Round up to the nearest integer.)<br>

Extracted text: In a study of government financial aid for college students, it becomes necessary to estimate the percentage of full-time college students who earn a bachelor's degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.04 margin of error and use a confidence level of 95%. Complete parts (a) through (c) below. a. Assume that nothing is known about the percentage to be estimated. n = 601 (Round up to the nearest integer.) b. Assume prior studies have shown that about 40% of full-time students earn bachelor's degrees in four years or less. n = (Round up to the nearest integer.)

Jun 11, 2022
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