Assignment:
Last year, Lipton Tea Company conducted a mallintercept study at six regional malls around the country and found that 20% of the public preferred tea over coffee as a midafternoon hot drink. This year, Lipton wants to have a nationwide telephone survey performed with random digit dialing. What sample size should be used in this year’s study to achieve an accuracy level of ±2.5% at the 99% level of confidence? What about at the 95% level of confidence?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.