How to find confidence intervals for a proportion - AP Statistics
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Question
A health insurance executive suspects that 50% of insurance applications are incomplete (i.e. critical data is missing from the application). He wants to gather a sample to estimate the true proportion. He wants to be within 5% of the true mean with 95% confidence.
What sample size does he need?
A health insurance executive suspects that 50% of insurance applications are incomplete (i.e. critical data is missing from the application). He wants to gather a sample to estimate the true proportion. He wants to be within 5% of the true mean with 95% confidence.
What sample size does he need?
Answer
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