The state education commission wants to estimate the fraction of tenth grade students that have reading skills at or below the eighth grade level. In an earlier study, the population proportion was estimated to be 0.16. How large a sample would be required in order to estimate the fraction of tenth graders reading at or below the eighth grade level at the 98% confidence level with an error of at most 0.03? Round your answer up to the next integer.
We have given,
Preliminary estimate for proportion (Known) = 0.16
Margin of error =E=0.03
Level of significance =1-0.98=0.02
Z critical value is (by using Z table) =2.326
Sample size formula is
=807.93
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