This scrunchie is made a bit differently than the others in the book.

YARN, GAUGE, SIZE AND MACHINE
One size. As knitted it is about 2” wide and 16” long but exact size is not important. Use any #1 or #2 weight yarn on any standard gauge knitting machine. No ribber or patterning ability is required. Stitch size throughout the project is about 7. Use whatever produces a nice fabric and knits well. A Passap machine may be used. Probably Passap stitch size is 6-6.5. Less than an ounce of yarn is needed. Sample is made with Cashmilon.