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A researcher wishes to estimate, with 99% confidence, the population proportion of adults who say chocolate is their favorite ice cream flavor. Her estimate must be accurate within 4% of the population proportion.
(a) What is the minimum sample size needed assuming that no prior information is available?
(b) Find the minimum sample size needed, using a prior study that found that 20% 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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