Suppose in Problem 6.5.5 that the manufacturer wishes the error in the estimate of the market share to be no more than 0.02 with probability at least 0.99. (a) Find the minimum required sample size...



Suppose in Problem 6.5.5 that the manufacturer wishes the error


in the estimate of the market share to be no more than 0.02 with


probability at least 0.99.


(a) Find the minimum required sample size assuming no knowledge


about p.


(b) Find the minimum required sample size assuming p ~ 0.25.



May 26, 2022
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