(See Solution) A sample of 200 jelly beans from a bulk store bin contains 35 red jelly beans. Use the data from this sample to estimate the population proportion
Question: A sample of 200 jelly beans from a bulk store bin contains 35 red jelly beans.
- Use the data from this sample to estimate the population proportion for the entire population of red jelly beans (include the margin of error).
- If the sample was doubled to 400, and the proportion of red jelly beans remained constant (i.e. 70/400 red jelly beans), what would the new margin of error be?
- What sample size should you be using if you wished to be able to estimate the true proportion correct to within 0.02 (with probability of 95%)?
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