Data Collectionhard
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A market research team wants to estimate the proportion of households that subscribe to streaming services. They conduct a survey and want a margin of error of no more than 3%3\% at a 95%95\% confidence level. Assuming p^=0.5\hat{p} = 0.5 (worst-case), what is the minimum sample size needed? (Use z0.025=1.96z_{0.025} = 1.96.)