7 1/2 the rule is add two and a half: +2 1/2
Answer:
We are given:
Confidence level = 99%. Therefore, the critical value at 0.01 significance level using the standard normal table is given below:

Margin of error is given in the question as:

Since the previous proportion is not given, therefore, we need to assume 
Therefore, the sample size is:




Therefore, 664 sample observations are required.