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Previous Research Indicates That 20% of Homeowners Do Not Carry

Question 9

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Previous research indicates that 20% of homeowners do not carry sufficient homeowners' insurance to adequately protect their investment.We wish to estimate the percentage of homeowners in a particular suburban area who do not have adequate insurance.How many homes should we sample if we desire a 95% confidence interval with a width of no more than 6%?


A) 171
B) 1068
C) 267
D) 683

Correct Answer:

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