The original question is: How large of a sample size is required?
The question reads as follows:
You want to obtain a sample to estimate a population proportion. Based on previous evidence, you believe the population proportion is approximately p∗=27%. You would like to be 98% confident that your esimate is within 2% of the true population proportion. How large of a sample size is required?
n =
Do not round mid-calculation. However, use a critical value accurate to three decimal places.
I understand everything except how to calculate the 98% confidence part of the question. I thought it was invNorm(.98) with a Ti-84, but that does not get me 2.326. (oddly enough, invNorm(.99) does get me 2.326)