How many of new franchisees have to be included in sample

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There were 904 new Subway Restaurants franchises opened during 2002. Suppose that Subway wished to survey a simple random sample of the new franchisees to find out what percentage of them were totally pleased with their relationship with the company.

If Subway wanted to have 90% confidence in being within 3 percentage points of the population percentage who are pleased, how many of the new franchisees would have to be included in the sample?

Reference no: EM131405299

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How many of the new franchisees would have to be included : If Subway wanted to have 90% confidence in being within 3 percentage points of the population percentage who are pleased, how many of the new franchisees would have to be included in the sample?

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