Multiple Choice
A fire occurs in a massive warehouse used to store apples prior to shipment.The apples are held in individual crates.The insurance company wishes to estimate the proportion of crates that were damaged by smoke from the fire.How many crates should the insurance adjustor analyze if she wishes to construct a 98% confidence interval with a bound on the error of estimation of 0.02?
A) 3383
B) 34
C) 2401
D) 4147
Correct Answer:
Verified
Correct Answer:
Verified
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