A travel agency wants to estimate the proportion of cancellations per year they receive. How large a sample of records must be examined to be 86% sure that the estimate does not differ from the true proportion by more than 0.02? The travel agent knows that the proportion is about 29%

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The Answer of A travel agency wants to estimate the proportion of cancellations per year they receive. How large a sample of records must be examined to be 86% sure that the estimate does not differ from the true proportion by more than 0.02? The travel agent knows that the proportion is about 29%

A Travel Agency Wants to Estimate the Proportion of Cancellations