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Ernst & Young wants to estimate the proportion of their new graduate hires that feel prepared for their job immediately upon graduation. The leadership team
Ernst & Young wants to estimate the proportion of their new graduate hires that feel prepared for their job immediately upon graduation. The leadership team wants the estimate to be within 7% of the population proportion, how many new graduate hires would they need to sample? Assume a 90% level of confidence and that the team previously estimated that 65% of new graduate hires feel prepared for their first job. Show all work for full marks. Round final answer to two decimal places.
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