Estimate for the percentage of toys


A preliminary sample of 100 new children's toys reveals that three of them are unsafe for children under five years old. A child advocacy group has mandated a 95% confidence interval for the percentage of all new toys that are safe. The group has also stated that the estimate for the percentage of toys that are safe must be within .01 of the actual value. What should the sample size be to meet these requirements?

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Basic Statistics: Estimate for the percentage of toys
Reference No:- TGS0745574

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