Solution,
Given that,
= 1 - = 0.5
margin of error = E = 0.06
At 99% confidence level
= 1 - 99%
= 1 - 0.99 =0.01
/2
= 0.005
Z/2
= Z0.005 = 2.576
sample size = n = (Z / 2 / E )2 * * (1 - )
= (2.576 / 0.06)2 * 0.5 * 0.5
= 461.18
sample size = n = 462
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