Suppose you want to estimate the proportion of cars that are sport utility vehicles (SUVs) being driven

Question:

Suppose you want to estimate the proportion of cars that are sport utility vehicles (SUVs) being driven in Regina at rush hour by standing on the corner of Victoria Avenue and Albert Street and counting SUVs. You believe the figure is no higher than 0.40. If you want the error of the confidence interval to be no greater than 0.03, how many cars should you randomly sample? Use a 90% level of confidence.

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

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics For Contemporary Decision Making

ISBN: 9781119577621

3rd Canadian Edition

Authors: Ken Black, Ignacio Castillo

Question Posted: