Determine the sample size for each of the following situations. a. N = 2,500 p` = 0.5

Question:

Determine the sample size for each of the following situations.
a. N = 2,500 p` = 0.5 1.96spn = 0.05
b. N = 2,500 p` = 0.5 1.96spn = 0.03
c. Compare and comment on your answers to part a and part b.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

See More Books

Question Posted: Jul 07, 2015 03:31 AM

See More Questions

At the end of a 31 day period, your utility bill shows that you have used 1500 kWh. What is your average daily power usage? An electric heater works on 120 V and draws 3 A of current. How much power...
Determine the sample size for each of the control procedures shown in the following table (assuming a largepopulation): Control Procedure Parameters Risk of incorrect acceptance Tolerable deviaion...
Determine the sample size for each of the control procedures shown in the followingtable: Control Procedure Parameters Risk of incorrect acceptance Tolerable deviation rate Expected population...
[21] The Assembler uses a Location Counter (LC) to: a) Keep track of the location of both instructions and operands being b) Count the number of symbols on the assembly program. c) Save the Pass...
Define the term collision.
On January 1 , 2 0 2 5 , Plummer Company issued $ 4 0 0 , 0 0 0 of 5 % , five - year bonds payable at 1 0 8 . Plummer Company has extra cash and wishes to retire the bonds payable on January 1 , 2 0...
Explain the purpose of corporate reorganization and the process of restructuring.
Here is a CPM network with activity times in weeks: a. Determine the critical path. b. How many weeks will the project take to complete? c. Suppose F could be shortened by two weeks and B by one...
A $1,000 par value bond that pays interest annually just paid $106 in interest. What is the coupon rate? Q2) A 09.60% coupon, 21-year annual bond is priced at $986. What is the current yield for...
The tank in Fig. 28 contains 80 lb of salt dissolved in 500 gal of water. The inflow per minute is 20 lb of salt dissolved in 20 gal of water. The outflow is 20 gal/min of the uniform mixture. Find...
Determine the sample size needed for each of the following situations. a. N = 3,300 = 500 1.96x-bar = 50 b. N = 4,950 = 500 1.96x-bar = 50 c. N = 5,000,000 = 500 1.96x-bar = 50 d. Compare and...
The mean amount of the 812 mortgages taken out in a city in the past year must be estimated. Based on previous experience, a real estate broker knows that the population standard deviation is likely...
Why is it that reducing moves, delays, and storages in a manufacturing process is a good thing? Can they be completed eliminated?
2. During a job interview, if asked to explain your knowledge and experience about efiling, what would it be? Explain in detail.
Herb's Concoction (and Martha's Dilemma): The Case of the Deadly Fertilizer Martha Wang worked in the Consumer Affairs Department of a company called Herb's Garden Products. Martha was a relatively...
Consider the human capital growth model. Let us make the following changes. Depending on whether the current calendar year is an odd or even number, the efficiency parameter of the human capital...
Consider an individual making choices over two goods, x and y with initial prices px=5 and py= 2, with income I= 100: a) If the individual's preferences can be represented by the utility function u =...
chose any cisco security firewall of choice any write on the following Features and functionality Performance Scalability Ease of use and management Most common use case for deployment Approx. cost...
When banking money in to your current account you should always use (A) A cheque book (B) A paying-in slip (C) A cash book (D) A general ledger.
In the operation of an automated production line with storage buffers, what does it mean if a buffer is nearly always empty or nearly always full?
A quality control process monitors the weight per carton of laundry detergent. Control limits are set at UCL = 20.12 ounces and LCL = 19.90 ounces. Samples of size 5 are used for the sampling and...
The Goodman Tire and Rubber Company periodically tests its tires for tread wear under simulated road conditions. To study and control the manufacturing process, 20 samples, each containing three...
Over several weeks of normal, or in-control, operation, 20 samples of 150 packages each of synthetic-gut tennis strings were tested for breaking strength. A total of 141 packages of the 3000 tested...
Complete the table by: i. Defining each type of taxable transaction data provided below. ii. Listing one unique source of information for each type of taxable transaction data listed below. iii....
You are a partner in a CPA firm. You have a client that is being audited by the IRS. The IRS is using an indirect method of proof of his income. Your client is an attorney but not a tax attorney and...
Duncan Corp enters into a contract with Perry Company to sell four different products and each of the products is considered a separate performance obligation. The total price of the contract is...

Determine the sample size for each of the following situations. a. N = 2,500 p` = 0.5

Question:

Step by Step Answer:

Use the equation to find the maximum sample size needed a Since take b ...View the full answer

Statistics For Business And Economics

Students also viewed these Statistics questions