Ceo of the organization needs to forcast the proportion

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Reference no: EM1317372

To estimate the sample size within 0.02 with 90% confidence

The CEO of the company wants to estimate the proportion of Canadians who own their house.

What sample size should be obtained if he wants the estimate to be within 0.02 with 90% confidence if

a. he uses an estimate of 0.675 from the Canadian Census Bureau?

b. he does not use any prior estimates?

Reference no: EM1317372

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