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27-12-2022
Mathematics

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Suppose two researchers want to estimate the proportion of American college students who favor abolishing the penny. They both want to have about the same margin of error to estimate this proportion. However, Researcher 1 wants to estimate with 99% confidence and Researcher 2 wants to estimate with 95% confidence. Which researcher would need more students for her study in order to obtain the desired margin of error? Researcher 1 Researcher 2 Both researchers would need the same number of subjects. OIt is impossible to obtain the same margin of error with the two different confidence levels.

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