If you wanted to ensure that your confidence interval had a width of at most 0.05,...
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If you wanted to ensure that your confidence interval had a width of at most 0.05, what is the minimum number of samples needed? Do this first assuming you have no prior estimate for p and then under the assumption that your estimate for p from problem 3 is a reasonable one. Report both values of n. If you wanted to ensure that your confidence interval had a width of at most 0.05, what is the minimum number of samples needed? Do this first assuming you have no prior estimate for p and then under the assumption that your estimate for p from problem 3 is a reasonable one. Report both values of n.
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Answer rating: 100% (QA)
Significance level of 005 is equivalent to 95 confidence interval so z1... View the full answer
Related Book For
Discrete and Combinatorial Mathematics An Applied Introduction
ISBN: 978-0201726343
5th edition
Authors: Ralph P. Grimaldi
Posted Date:
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