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Solution for QID #71428: Problem 8-33.You have been assigned to determine whether mor | StudyHelpMe

Subject: Business
Status: Made to Order
 Problem 8-33. You have been assigned to determine whether more people prefer Coke or Pepsi. Assume that roughly half the population prefers Coke and half prefers Pepsi. How large a sample do you need to take to ensure that you can estimate, with 95% confidence, the proportion of people preferring Coke within 2% of the actual value?Show work. 
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