Suppose a population has a parameter=0.25; how large should n be if we wish to guarantee a margin of error of no more than 2.5%?
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Answer: The required probability is 0.008.
Step-by-step explanation:
Since we have given that
Probability of bachelor's degree = 0.45
Probability of working in nursing = 0.85
Probability of both = 0.4
So, Probability of getting a graduate is currently working in nursing, given that they earned a bachelor's degree would be :
Hence, the required probability is 0.008.