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Suppose you wish to determine the proportion of college students in your state who receive some form of financial aid. You want to be 95%
Suppose you wish to determine the proportion of college students in your state who receive some form of financial aid. You want to be 95% confident of your results and have a maximum error of 5%. Calculate the minimum sample size you must have to meet these requirements, given that the financial aid office at a local institution estimates the percentage to be 81%.
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