I'm trying to study for a test in my AP Statistics course. My lecturer spent the majority of the unit going over the various proportion tests. On my review, I was presented with the following question:
Suppose that you wanted to estimate p, the true proportion of students at your school who have a tattoo with 98% confidence and a margin of error no more than 0.10. How many students should you survey?
What I'm not understanding is what should be substituted for p. In the given problem, no value for p is given, but yet I need to find n using the following formula:
$$ ME = (z\ast )(\sqrt{\frac{p(1-p)}{n}}) $$
How can I determine a value for n?