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Television viewers often express doubts about the validity of certain commercials. In an attempt to answer their critics, a large advertiser wants to estimate the

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Television viewers often express doubts about the validity of certain commercials. In an attempt to answer their critics, a large advertiser wants to estimate the true proportion of consumers who believe what is shown in commercials. Preliminary studies indicate that about 40% of those surveyed believe what is shown in commercials. What is the minimum number of consumers that should be sampled by the advertiser to be 99% confident that their estimate will fall within 3% of the true population proportion? a) O 1782 b) O 1792 c) O 1754 d) O 1755 e) O 1770 f) O None of the above

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