Consider each situation described below. Identify the population and the sample, explain what p and pn represent,
Question:
Consider each situation described below. Identify the population and the sample, explain what p and pn represent, and tell whether the methods of this chapter can be used to create a confidence interval.
a) A large company with 10,000 employees at its main research site is considering moving its day-care centre off-site to save money. Human Resources gathers employees’ opinions by sending a questionnaire home with all employees; 380 surveys are returned, with 228 employees in favour of the change.
b) A company sold 1632 MP3 players last month, and within a week, 1388 of the customers had registered their products online at the company website. The company wants to estimate the percentage of all its customers who enrol their products.
Step by Step Answer:
a Population x employees at the company sample x 380employees who returned sur...View the full answer
Business Statistics
ISBN: 9780133899122
3rd Canadian Edition
Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright
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