Refer to the previous exercise. The researchers wanted a sufficiently large sample to be able to estimate
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Refer to the previous exercise. The researchers wanted a sufficiently large sample to be able to estimate the probability of preferring the new analgesic to within 0.08, with confidence 0.95. If the true probability is 0.75, how large a sample is needed to achieve this accuracy? (Hint: For how large an n does a 95% confidence interval have margin of error equal to about 0.08?)
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