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In a study of government financial aid for college​ students, it becomes necessary to estimate the percentage of​ full-time college students who earn a​ bachelor's degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.02 margin of error and use a confidence level of 95​%. a. Assume that nothing is known about the percentage to be estimated. n= _____ ​(Round up to the nearest​ integer.)   b. Assume prior studies have shown that about 60​% of​ full-time students earn​ bachelor's degrees in four years or less. n= ____ ​(Round up to the nearest​ integer.)

In a study of government financial aid for college​ students, it becomes necessary to estimate the percentage of​ full-time college students who earn a​ bachelor's degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.02 margin of error and use a confidence level of 95​%. a. Assume that nothing is known about the percentage to be estimated. n= _____ ​(Round up to the nearest​ integer.)   b. Assume prior studies have shown that about 60​% of​ full-time students earn​ bachelor's degrees in four years or less. n= ____ ​(Round up to the nearest​ integer.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 14PPS
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In a study of government financial aid for college​ students, it becomes necessary to estimate the percentage of​ full-time college students who earn a​ bachelor's degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.02 margin of error and use a confidence level of 95​%.

a. Assume that nothing is known about the percentage to be estimated.
n= _____
​(Round up to the nearest​ integer.)
 
b. Assume prior studies have shown that about 60​% of​ full-time students earn​ bachelor's degrees in four years or less.
n= ____
​(Round up to the nearest​ integer.)
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