An insurance company estimates 40 percent of its claims have errors.The insurance company wants to estimate with 90 percent confidence the proportion of claims with errors.What sample size is needed if they wish to be within 5 percent of the actual?

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The Answer of An insurance company estimates 40 percent of its claims have errors.The insurance company wants to estimate with 90 percent confidence the proportion of claims with errors.What sample size is needed if they wish to be within 5 percent of the actual?

An Insurance Company Estimates 40 Percent of Its Claims Have