A local hotel wants to estimate the proportion of its guests that are from out-of-state. Preliminary estimates are that 45% of the hotel guests are from out-of-state. How large a sample should be taken to estimate the proportion of out-of-state guests with a margin of error no larger than 5% and with a 95% level of confidence?

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The Answer of A local hotel wants to estimate the proportion of its guests that are from out-of-state. Preliminary estimates are that 45% of the hotel guests are from out-of-state. How large a sample should be taken to estimate the proportion of out-of-state guests with a margin of error no larger than 5% and with a 95% level of confidence?

A Local Hotel Wants to Estimate the Proportion of Its