Determining Sample Size See the survey described in Exercise 1. Assume that you must conduct a new… 1 answer below »

Determining Sample Size See the survey described in Exercise 1. Assume that you must conduct a new poll to determine the percentage of adults who believe that it is morally wrong to not report all income on tax returns. How many randomly selected adults must you survey if you want 99% confidence that the margin of error is two percentage points? Assume that nothing is known about the percentage that you are trying to estimate.Exercise 1Reporting Income In a Pew Research Center poll of 745 randomly selected adults, 589 said that it is morally wrong to not report all income on tax returns. Construct a 95% confidence interval estimate of the percentage of all adults who have that belief, and then write a statement interpreting the confidence interval.

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