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(Solved): According to an October 2011 Rasmussen poll, 54% of Americans see government bailouts as bad for the ...



According to an October 2011 Rasmussen poll, 54% of Americans see government bailouts as bad for the country. Suppose that a politician was unaware of this number and hired us to estimate the true proportion of Americans that see government bailouts as bad for the country. We will take a random sample of size 761 adults to estimate this value. Suppose the politician hiring us to do the estimate will only be satisfied if our sampling error is less than 0.025 . What is the chance that our sample will yield a satisfactory estimate? Round your answer

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