The National Center for Education would like to estimate the proportion of students who defaulted on their student loans for the state of Arizona. A pilot sample of 50 students with loans from Arizona found that eight had defaulted on their loans. The total sample size needed to construct a 95% confidence interval for the proportion of student loans in default with a margin of error equal to 4% is _____ .

Question

The National Center for Education would like to estimate the proportion of students who defaulted on their student loans for the state of Arizona. A pilot sample of 50 students with loans from Arizona found that eight had defaulted on their loans. The total sample size needed to construct a 95% confidence interval for the proportion of student loans in default with a margin of error equal to 4% is  _____ .

Quizplus · Accepted Answer

The Answer of The National Center for Education would like to estimate the proportion of students who defaulted on their student loans for the state of Arizona. A pilot sample of 50 students with loans from Arizona found that eight had defaulted on their loans. The total sample size needed to construct a 95% confidence interval for the proportion of student loans in default with a margin of error equal to 4% is  _____ .

The National Center for Education Would Like to Estimate the Proportion