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April 19, 2014

Homework Help: stats

Posted by Anonymous on Tuesday, November 13, 2012 at 11:39am.

You are a travel agent and wish to estimate, with 95% confidence, the proportion of vacationers who plan to travel outside the United States in the next 12 months. Your estimate must be accurate within 3% of the true proportion

Find the minimum sample size needed, using a prior study that found that 26% of the respondents said they planned to travel outside the United States in the next 12 months.

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