Question: In a survey, the planning value for the population proportion is p* = .35. How large a sample should be taken to provide a 95%

In a survey, the planning value for the population proportion is p* = .35. How large a sample should be taken to provide a 95% confidence interval with a margin of error of .05?

Step by Step Solution

★★★★★

3.40 Rating (175 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

n Z025 P ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

404-M-S-P-E (224).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

How large a sample should be taken to estimate the percentage of Canadian Internet users who visit social networking sites, to within 4%, with 96% confidence?

How large a sample should be taken if the population mean is to be estimated with 99% confidence to within $75? The population has a standard deviation of $900.

How large a sample should be selected to provide a 95% confidence interval with a margin of error of 10? Assume that the population standard deviation is 40.

33. In a survey, the planning value for the population proportion is p* .35. How large a sample should be taken to provide a 95% confidence interval with a margin of error of .05?

33. In a survey, the planning value for the population proportion is p* = .35. How large a sample should be taken to provide a 95% confidence interval with a margin of error of .05?

33. In a survey, the planning value for the population proportion is p* .35. How large a sample should be taken to provide a 95% confidence interval with a margin of error of .05?

Income in Thousands 58 60 62 78 79 84 85 88 89 72 75 76 63 63 92 96 71 68 69 63 65 67 103 104 59 64 91 95 72 66 Number of Transactions 19 32 38 45 37 46 39 42 47 34 38 40 49 38 42 79 36 41 34 36 35...

BUSI1013, Unit 6 Exercise, Billy Zmija 1. Assume that data contained in the BUSI1013-Numerical Data A.xls file is from a simple random sample of customers of a Canadian retailer. Use this data to...

Carla Industries net income for the last five years, average earnings, and fair value of identifiable assets are as follows Earnings History Fair Values, December 3, 2020 2015 $131,000 Cash $64,000...

Carlos originally purchased his tractor five years ago for $20.000 cash. Today, Carlos's tractor is worth $10,000. He's been depreciating using an accelerated method and has an A/D balance ofS11,000....

Dan starts an investment plan with his advisor. This plan will prepare Dan to come up with a down payment for his first home in 3 years. His advisor promises him that this investment will yield a...

Navigating digital transformation: How can project managers navigate the challenges of digital transformation in their organizations using ChatGPT?

Fifty cities provided information on vacancy rates (in percent) for local apartments in the following frequency distribution. Vacancy Rate (in percent) ......Frequency 0 up to 3 .............. 5 3 up...

A local hospital provided the following frequency distribution summarizing the weights of babies delivered over the month of January. Weight (in pounds) .... Number of Babies 2 up to 4 ........ 3 4...

A researcher conducts a mileage economy test involving 80 cars. The frequency distribution describing average miles per gallon (mpg) appears in the accompanying frequency distribution. Average MPG...

In an attempt to have funds for a down payment, Jan Carlson plans to save $3,850 a year for the next five years. With an interest rate of 5 percent, what amount will Jan have avallable for a down...

Sharon Smith will receive $104 million in 30 years. The discount rate is 15% As an alternative, she can receive $9,360 today Which should she choose? Use Appendix B. (Round "PV Factor" to 3 decimal...

1. How did Marble Comics' net working capital to total assets ratio change from 2017 to 2018? 2. Which of Marble Comics' liquidity measures increased from 2017 to 2018 ? 3. What was Marble Comics'...