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Answer:
A sample of 997 is needed.
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of
, and a confidence level of
, we have the following confidence interval of proportions.
In which
z is the z-score that has a p-value of
.
The margin of error is of:

A previous study indicates that the proportion of left-handed golfers is 8%.
This means that 
98% confidence level
So
, z is the value of Z that has a p-value of
, so
.
How large a sample is needed in order to be 98% confident that the sample proportion will not differ from the true proportion by more than 2%?
This is n for which M = 0.02. So






Rounding up:
A sample of 997 is needed.
The common ratio is 24 x 2 = 88 x 2 = 1616 x 2 =32
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Answer: $4.40
Step-by-step explanation:
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