you work for the bc lottery corp your boss asks


You work for the BC Lottery Corp. Your boss asks you for an estimate of the percent of British Columbians who have gambled in a BC casino at least once. You decide to take a sample large enough so that the margin of error is no larger than 6% with 95% confidence. Before you take the sample you have no idea what percent have gambled in a BC casino. The results of your sample indicate that 80% have gambled in a BC casino at least once. Your boss tells you the margin of error is too large and wants it reduced to 3%. How many additional adults would you need in your sample to reduce the error to 3%?

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Basic Statistics: you work for the bc lottery corp your boss asks
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