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[5 marks] A car insurance company would like to determine the proportion of accident claims covered by the company. {According to a preliminary estimate 60%

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[5 marks] A car insurance company would like to determine the proportion of accident claims covered by the company. {According to a preliminary estimate 60% of the claims are covered. How large a sample should be taken to estimate the proportion of accident claims covered by the company if we want to be 98% condent that the sample percentage is within 3% of the actual percentage of the accidents covered by the insurance company? Multiple Choice Questions Correct answers are worth 2 marks each. Enter your answers in the table below. [Make sure you scan this with your answer sheet)

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