Investors at a theme park would like to estimate the unknown proportion (p) of visitors who have visited the theme park in the

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Investors at a theme park would like to estimate the unknown proportion (p) of visitors who have visited the theme park in the past five years. They would like to be 90% confident of achieving an accuracy of at least 0.04. How large a sample of visitors should be selected? [p can be assumed to be at least 0.80.]

 

    • 10 years ago
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