Q12- A researcher wishes to estimate, with  99%  confidence, the population proportion of adults who are

confident with their country’s banking system. His estimate must be accurate within 3%  of the population proportion.

(a) No preliminary estimate is available. Find the minimum sample size needed.

b) Find the minimum sample size needed, using a prior study that found that 26%

C)compare the results from parts (a) and (b)

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Q13- A researcher wishes to estimate, with 95% confidence, the population proportion of adults who say chocolate is their favorite ice cream flavor. Her estimate must be accurate within 3% of the population proportion.

(a) No preliminary estimate is available. Find the minimum sample size needed.

(b) Find the minimum sample size needed, using a prior study that found that 18% of the respondents said their favorite flavor of ice cream is chocolate.

(c) Compare the results from parts (a) and (b).

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