Solved: Determine the population prefer coke or pepsi, Microeconomics

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Determine the population prefer coke or pepsi

Assignment:

You have been assigned to determine whether more people prefer Coke or Pepsi. Assume that roughly half the population prefers Coke and half prefers Pepsi. How large a sample do you need to take to ensure that you can estimate, with 95% confidence, the proportion of people preferring Coke within 2% of the actual value?

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Microeconomics: Determine the population prefer coke or pepsi

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