Statistic Problem
The research team is interested in estimating a 95 % confidence interval for the proportion of employees who are approaching retirement age (older than 60 years). they want a precise estimate and are willing to draw a large sample that will keep the large sample proportion within 0.01 of the true proportion.
What is the minimum sample size required?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.