(Solved): 2) It is believed that 55% of all voters favor a particular proposition. How large of a simple rand ...

2) It is believed that $55\%$ of all voters favor a particular proposition. How large of a simple random sample is needed so that the margin of error of the estimate of the percentage of all voters in favor is no more than $4\%$ at the $96\%$ confidence level? A) 653 B) 18 C) 318 D) 26 E) None of the above.