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An advertising executive thinks that the proportion of consumers who have seen his company advertisement in newspaper is around 0.65. The executive want to estimate the customer proportion to within ± 0.05 and have a 98% confidence in the estimate. How large a sample should be taken?

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An advertising executive thinks that the proportion of consumers who have seen his company advertisement in newspaper is around 0.65. The executive want to estimate the customer proportion to within ‡ 0.05 and have a 98% confidence in the estimate. How large a sample should be taken?
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