a) David wants to sample his market for a pizza shop. A market study conducted last year

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

Question:

a) David wants to sample his market for a pizza shop. A market study conducted last year indicated that 45% might visit his pizzeria. How big a sample does he need to have a margin of error of plus/minus 5%, 19 out of 20 times?

b) Assume that David in Q1 has decided to change his margin of error to plus/minus 2%, how big a sample size does he need? Has it changed from Q1?

Posted Date: May 19, 2024 06:06 PM

See More Questions

What is the result of the following? A. 3.011459 B. 3.1401MM C. 59.011459 D. 59.1401MM E. The code does not compile. F. The code compiles but throws an exception at runtime. import java.time. *;...
How do sweep accounts and money market mutual funds allow banks to avoid reserve requirements?
In Exercises 43 through 76, simplify the given expression as much as possible. Assume a, b, and c are positive real numbers. abc-3\2 -bc 4
Victory Athletic Supply (VAS) makes game jerseys for athletic teams. The F. C. Strikers soccer club has offered to buy 100 jerseys for the teams in its league for $15 per jersey. The team price for...
On June 1, 2017, Elite Service Co. was started with an initial investment in the company of $22,100 cash. Here are the assets, liabilities, and common stock of the company at June 30, 2017, and the...
Budget preparation requires the development of a variety of forecasts. List at least five of the forecasts that must be made in developing a comprehensive budget.
. Solve the system of equations = 321 - ; = - x wills_x,(0)=3,3()++
The position of an object as a function of time is given as x = At Bt2 + Ct + D. The constants are A = 2.21 m/s, B = 1.31 m/s, C= -4.85 m/s, and D = 3.25 m. Problem 02.037.c - Position of an object...
As shown below, a box slides on a flat horizontal surface towards a spring. When the box hits the spring, it compresses the spring a distance x and finally is brought to rest (momentarily). Use the...
LenDin Company uses forklifts to move heavy products. Recently one of the forklift has not functioned well and management is considering updating the forklift with a faster model. Current Printer New...
Light from two sources, A = 623 nm and A = 488 nm, is incident on a diffraction grating that has 5550 lines/cm. What is the angular separation, 0-0, of the second order maxima of the two waves?
The following information is provided for the first month of operations for Legal Services Inc.: Prepare a T-accounts to reflect the following business transaction: Legal Services, Inc. paid their...
Utamaro's print and Warhol's print both depict stylized images of historical women who were famous for their talent and beauty. 1) The artists convey not just the appearance of each woman, but also...
Two mutually exclusive investment alternatives are being considered. Alternative A requires an initial investment of $20,000 in a machine. Annual operating and maintenance costs are anticipated to be...
Copy, the verbal portion of advertising, is used to move readers through a persuasive sequence called AIDA: attention, interest, desire, and action. To achieve this, some copywriters have adopted...
How does a direct access file processing system edit individual transactions? a. takes place in a separate computer run b. takes place on-line mode as transactions are entered c. takes place during a...
Which of the following is an example of an input control? a. making sure that output is distributed to the proper people b. monitoring the work of programmers c. collecting accurate statistics of...

a) David wants to sample his market for a pizza shop. A market study conducted last year

Question:

Expert Answer:

Students also viewed these mathematics questions