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Please show work using Excel Functions!     29. Suppose a study designed to collect data on...

Please show work using Excel Functions!

    29. Suppose a study designed to collect data on smokers and nonsmokers uses a preliminary estimate of the proportion that smoke of 22%. How large a sample should be taken to estimate the proportion of smokers in the population with a margin of error of 0.02 and using 80% confidence?
A.       550 B.      705 C.      1027 D.       1161
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Answer #1

Given that, proportion = p = 0.22

margin of error = E = 0.02

A 80% confidence level has significance level of 0.20 and critical value is,

(Excel command: =NORMSINV(0.90) = 1.28155)

We want to find the sample size (n),

Answer : B) 705

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