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An Insurance Company Is Interested in Conducting a Study to Estimate

Question 40

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An insurance company is interested in conducting a study to estimate the population proportion of teenagers who obtain a driving permit within 1 year of their 16th birthday.A level of confidence of 99% will be used and an error of no more than .04 is desired.There is no knowledge as to what the population proportion will be.The approximate sample size should be at least _______.


A) 1037
B) 160
C) 41
D) 259
E) 289

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