Suppose you have a box with a very large number of orange and blue beads.
Suppose you have a box with a very large number of orange and blue beads. You want to estimate the proportion p of orange beads in the box and you want to be 92% confident that your point estimate, which is the sample proportion pˆ, is within 2% of the true proportion p. Find the appropriate sample size.
The appropriate sample size is n= ?
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