A person would like to create a 99% confidence interval for a particular unknown population proportion....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A person would like to create a 99% confidence interval for a particular unknown population proportion. They would like the interval to have a width no wider than 0.10 and do not yet have an estimate for the value of the unknown population proportion. How large of sample should they use in when creating this confidence interval? Use at least 5 decimal places of accuracy in all values, including the z-score. hint: your answer will reflect how many individuals will need to be included in the study so it should be an integer value. Non-integer values will be counted wrong. A person would like to create a 99% confidence interval for a particular unknown population proportion. They would like the interval to have a width no wider than 0.10 and do not yet have an estimate for the value of the unknown population proportion. How large of sample should they use in when creating this confidence interval? Use at least 5 decimal places of accuracy in all values, including the z-score. hint: your answer will reflect how many individuals will need to be included in the study so it should be an integer value. Non-integer values will be counted wrong.
Expert Answer:
Related Book For
Posted Date:
Students also viewed these accounting questions
-
At 95% confidence, how large a sample should be taken to obtain a margin of error of .03 for the estimation of a population proportion? Assume that past data are not available for developing a...
-
At 95% confidence, how large a sample should be taken to obtain a margin of error of .03 for the estimation of a population proportion? Assume that past data are not available for developing a...
-
At 95% confidence, how large a sample should be taken to obtain a margin of error of .03 for the estimation of a population proportion? Assume that past data are not available for developing a...
-
What are the two(2) products dimensions that could be used if a position Map/Perception Map were to be created for VIA instant coffee?
-
The 2013 financial statements for Thor and Gunnar Companies are summarized here: These two companies are in the same business and state but different cities. One-half of Thors sales and one-quarter...
-
If w is a non-positive integer, which of the following must be positive? Indicate all possible values. a. 3w b. 2w + 10 c. w 4 d. w 0 e. w + 0.5
-
Given the random variables \[ \begin{aligned} & U=\cos \Theta \\ & V=\sin \Theta \end{aligned} \] with \[ p_{\Theta}(\theta)= \begin{cases}1 / \pi & -\frac{\pi}{2}
-
The following control procedures are used in Bunny's Boutique Shoppe for cash disbursements. 1. Each week, 100 company checks are left in an unmarked envelope on a shelf behind the cash register. 2....
-
Distribution is a statistical concept used in data research. Those seeking to identify the outcomes and probabilities of a particular study will chart measurable data points from a data set,...
-
You are employed by FishWrap Ltd., a local newspaper distribution company, and are attempting to determine the average level of customer satisfaction with the newspapers delivery service. All...
-
What is the trading statistics of both firms: In preparing and Ratio Analysis for both Coca-Cola and PepsiCo what is the Trading Statistics of both the Firms, Coca-Cola and PepsiCo.
-
Discuss the pros and cons of reporting contractual adjustments directly on the monthly fi nancial reports at the department level.
-
a. Use Data|Table to graph the function f(x) = 3 x 2 ? 2 x ? 15, as illustrated below: b. Use Solver or Goal|Seek to find two values of x for which f(x) = 0. A D E G H USING DATA TABLE TO GRAPH A...
-
Determine at least ten key success factors (key financial indicators) to benchmark in any hospital.
-
What is the funds Sharpe ratio?
-
Work Prob. 13.53 for the NRTL equation. Prob. 13.53 For the acetone(1)/methanol(2)/water(3) system, based on Eq. (13.19) and the Wilson equation, make the following calculations: (a) BUBL T : P =...
-
Propose a design flow and equalization tank volume based on the historical data if you can justify a lower design flow than that calculated following OBC values. Append your calculations or graphical...
-
1-Stern observed all of the following results EXCEPT _______ in his experiment. A-one of the recombinant phenotypes was associated with an X chromosome of normal length B-the number of car, B+ male...
-
Child 1 throws a snowball horizontally from the top of a roof; child 2 throws a snowball straight down. Once in flight, is the acceleration of snowball 2 greater than, less than, or equal to the...
-
Two capacitors are connected in parallel. (a) If a third capacitor is now connected in parallel with the original two, does the equivalent capacitance increase, decrease, or remain the same? (b)...
-
An object of mass m is initially at rest. After a force of magnitude F acts on it for a time T, the object has a speed v. Suppose the mass of the object is doubled, and the magnitude of the force...
-
Discuss briefly the objective and requirements of the ISO 14001 scheme and Europe's eco-management and audit scheme (EMAS), and list the key differences in the requirements of the two schemes.
-
When the sum of the \(x\) values is equal to zero, the calculation of the coefficients of the regression line of \(Y\) on \(x\) is greatly simplified; in fact, their estimates are given by...
-
It is tedious to perform a least squares analysis without using a computer. We illustrate here a computer-based analysis using the MINITAB package. The observations on page 328 are entered in...
Study smarter with the SolutionInn App