Suppose the U.S. president wants an estimate of the proportion of the population who support his current policy toward revisions in the Social Security system. The president wants the estimate to be...

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Suppose the U.S. president wants an estimate of the proportion of the population who support his current policy toward revisions in the Social Security system. The president wants the estimate to be within 0.03 of the true proportion. Assume a 95 percent level of confidence. The president's politica...

Answered Same DayDec 20, 2021

Answer To: Suppose the U.S. president wants an estimate of the proportion of the population who support his...

Robert answered on Dec 20 2021
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Problem
Suppose the U.S. president wants an estimate of the proportion of the population who suppor
t his current
policy toward revisions in the health care system. The president wants the estimate to be within 0.03 of
the true proportion. Assume a 95% level of confidence. The president’s political advisors estimated the
proportion supporting the current policy to be 0.06.
a. How large of a sample is required? (Round up your answer to the next whole number.)
b. How large of a sample would be necessary if no estimate were available for...
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