The estimate of the population proportion should be within plus or minus .10, with a 99% level

Question:

The estimate of the population proportion should be within plus or minus .10, with a 99% level of confidence. The best estimate of the population proportion is .45. How large a sample is required?

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

Step by Step Answer:

Related Book For book-img-for-question

Basic Statistics For Business And Economics

ISBN: 9781260187502

9th Edition

Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen

See More Books

Question Posted: Jan 16, 2019 09:10 AM

See More Questions

You plan to build a 99% confidence interval estimate of a population proportion. You want the interval to be no wider than + .05. You have no information about the value of. a. How big a sample would...
The case in Chapter 2 listed 30 questions asked of 150 respondents in the community of Springdale. The coding key for the responses was also provided in that earlier exercise. The data are in file...
The article Hospitals Dispute Medtronic Data on Wires (The Wall Street Journal, February 4, 2010) describes several studies of the failure rate of defibrillators used in the treatment of heart...
Consult Paragraphs 28-30 of PCAOB Auditing Standard No. 5. Identify at least one relevant financial statement assertion related to the restructuring reserve account. Why is it relevant?
JetBlue Airways Corporation (JBLU) is a passenger airline with flights to destinations throughout the United States, the Caribbean, and Latin America. Costco (COST) operates membership retail...
Does the salinity measured by the refractometers confirm or counter the measurements made by the hydrometers?
The Lorenz equation is widely used in the theory of non-linear equations and was encountered in modeling of natural convection. While working with these equations Lorenz discovered the phenomena of...
On January 1, 2014, Dunbar Corporation, an 85%-owned subsidiary of Garfield Industries, received $48,055 for $50,000 of 8%, 5-year bonds it issued when the market rate was 9%. When Garfield...
(a) Use the method of integrating factor to solve the equation below for y: dy dx +ycotx cos x given that when x,y=2 (b) In the circuit below, switch S is closed at 7=0, and the current at that time...
Your client owns $7,000 of Stock A with a beta of 1.8 and $5,000 of Stock B with a beta of 1.1. If the market rises by 22%, this portfolio would be expected to rise by approximately what percentage?...
The Buffalo, New York, Chamber of Commerce wants to estimate the mean time workers who are employed in the downtown area spend getting to work. A sample of 15 workers reveals the following number of...
As part of their business promotional package, the Milwaukee Chamber of Commerce would like an estimate of the mean cost per month to lease a one-bedroom apartment. The mean cost per month for a...
How is a marketing-oriented firm different from a production-oriented firm or a sales-oriented firm?
What impact does globalization have on socialization patterns and practices, particularly in terms of cultural assimilation and hybridization?
What official documentation stipulates the social security provision that includes social security subject to ruling as a result of the activities carried out by the production plant in Mexico.?
What level of sales in 2 0 2 4 with generate $ 1 , 5 0 0 , 0 0 0 income? Operation costs equals 7 0 % of sales depreciation and amortization stay the same. Taxes are 2 5 % . Sales 6 million Operation...
Suppose you invested $ 3 0 0 0 0 0 at a rate of 7 % , compounded annually. How much of the total interest earned after four years is due to the initial principal, and how much is due to the...
List eight parties that may be involved in a transferable confirmed irrevocable letter of credit, and define one of them.
Is Apple ethically obligated to more aggressively share its lessons learned with its competitors in the computer, tablet, and smartphone industries?
Using the information in P11-2B, compute the overhead controllable variance and the overhead volume variance. Data From Problem 11-2B: Huang Company uses a standard cost accounting system to account...
The National Muffler Company claims they will change your muffler in less than 30 minutes. An investigative reporter for WTOL Channel 11 monitored 30 consecutive muffler changes at the National...
A major airline wanted some information on those enrolled in its ?frequent flyer? program. A sample of 48 members resulted in the following distance flown last year, in thousands of kilometres, by...
A library has seven branches in its system. The number of volumes (in thousands) held in the branches are83, 510, 33, 256, 401, 47, and 23. a. Is this a sample or a population? b. Compute the...
QS) Simon and Sandra Soh are no different from many young families who are concerned with their finances. In their fact-finding form, they have emphasised the two most important financial goals to...
Write down everything you have eaten over a 48 hour time period. Follow the chart below. Date: Times: Breakfast Lunch Dinner Snacks Date: Times: Breakfast Lunch Dinner Snacks
Drawing on the knowledge gained in your EVA course, employ relative valuation methods to value any ONE of the given stocks using the data provided in the Assignment Data file. Assume 5% as the...

The estimate of the population proportion should be within plus or minus .10, with a 99% level

Question:

Step by Step Answer:

165 fou...View the full answer

Basic Statistics For Business And Economics

Students also viewed these Mathematics questions