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QMS 202 Question: Question 23 (2 points) A university dean is interested in determining the proportion of students who receive some sort of financial aid.

QMS 202 Question:

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Question 23 (2 points) A university dean is interested in determining the proportion of students who receive some sort of financial aid. Rather than examine the records for all students, the dean randomly selects 200 students and finds that 118 of them are receiving financial aid and use this proportion to calculate the sample size. If the dean wanted to estimate the proportion of all students receiving financial aid to within 3% with 98% reliability, how many students would need to be sampled? 19 1503 1068 1455 O 26

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