Suppose you wish to estimate a population proportion p based on sample of n observations. What sample size is required if you want your estimate to be within .03 of p with probability equal to 0.90?

A) 752
B) 423
C) 1,068
D) 1.529
E) none of these

Population Proportion

A measure that represents the fraction of the total population that possesses a specific attribute or characteristic.

Sample Size

The number of observations or entities in a subset of data taken from a larger population used for statistical analysis.

Estimate

An approximation or prediction of a quantity based on sampled data, serving as a close representation of the actual value.