How many owners must be included in a simple random sample

Reference no: EM131405241

The Chevrolet dealers of a large county are conducting a study to determine the proportion of car owners in the county who are considering the purchase of a new car within the next year.

If the population proportion is believed to be no more than 0.15, how many owners must be included in a simple random sample if the dealers want to be 90% confident that the maximum likely error will be no more than 0.02?

Reference no: EM131405241

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