At 95% confidence, what size sample should be taken so that the margin of error does not

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

Question:

At 95% confidence, what size sample should be taken so that the margin of error does not exceed 5 or less? The population variance is 144.

Related Book For answer-question

Statistical Reasoning for Everyday Life

ISBN: 978-0321817624

4th edition

Authors: Jeff Bennett, Bill Briggs, Mario F. Triola

See More Books

Posted Date: Jan 31, 2021 01:17 AM

See More 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...
What is the margin of error in a statistical study, and why is it important?
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...
A quality improvement program has been instituted in an organization to reduce total quality costs. Discuss the impact of such a program on prevention, appraisal, and failure costs.
Suppose the periodic rate for six month sis 4%. Is the equivalent periodic rate for three months (pick one): (i) Equal to 4% 3/6 = 2%? (ii) Less than 2%? (iii) Greater than 2%? Answer the question...
Lancelot Company has provided the following comparative information: You have been asked to evaluate the historical performance of the company over the last five years. Selected industry ratios have...
In 2004, Jui-Chen Lin, a citizen of China, entered into an agreement with Robert Chiu and Charles Cobb, citizens of the United States, to form an LLC to acquire and operate a fast-food restaurant in...
On July 1, 2014, Livingston Corporation, a wholesaler of manufacturing equipment, issued $46,000,000 of 20-year, 10% bonds at a market (effective) interest rate of 11%, receiving cash of $42,309,236....
In June 2022, the Federal Reserved imposed its first 0.75% interest rate hike -- the largest increase since 1994. Starting in January 2023, they dropped back to lower rate increases, but the rate...
Create a concept map that depicts your assumptions and findings of the theory-practice gap. You are a staff nurse working in an intensive care unit and assigned to care for a 75-year-old African...
4. If a project's Planned Value is $4,000, the Earned value is $2,000, and you have finished 25% of the work, what is the Budget at Completion?
CHALLENGE 1.13.3: Multiplying the current value of a variable. ACTIVITY Write a statement that assigns cell_count with cell_count multiplied by 10. * performs multiplication. If the input is 10, the...
9. Complete the blanks in the following question with the appropriate answer. Consider an interface between two modules, Module A & Module B, operating at frequencies fA & fB respectively. Choose the...
Q 3 3 b . . Consider the following set of data: Transaction id Items T 1 { 1 { E , , K , , M , , N , , O , , Y } } T 2 { 2 { D , , E , , K , , N , , O , , Y } } T 3 { 3 { A , , E , , K , , M ] ] T 4...
Write a C + + + + program, which creates a 1 0 1 0 X 1 0 1 0 matrix ( ( matrix [ 1 0 ] [ 1 0 ] ) [ 1 0 ] [ 1 0 ] ) andstores in it 1 0 0 1 0 0 integer values. The integer value stored in the i - th...
Recall how to calculate net income using the following information: + Common Stock $50,000 = $10,000 +$10,000 Total Assets = Llabilities - Dividends +Revenues - Expenses +$35,000 - $3,000 $2,000 O...
(a) If the trend continues and big companies continue getting bigger at the expense of smaller companies, what benefits exist for the federal government of Canada and Canadians? (Hint: Consider tax...
The percentage of completion and completed contract methods are described in the FASB ASC. Search the codification to find the paragraphs covering these topics, cite them, and copy the results.
The amounts of the fines from parking tickets found on a random sample of 1,000 parked cars. State whether you expect it to be normally distributed. Explain your reasoning.
The pie charts in Figure 3.38 give the percentage of Americans in three age categories in 1990 and 2050 (projected). a. Consider the 1990 age distribution. The actual percentages for the three...
A couple plans to have four children. Find the probability that the first two children are girls and the last two children are boys.
Discuss how a new brand manufacturer would go about defining their market segments and then begin to target them.
Go to www.kellogs.com, and examine the brands offered by Kelloggs. Using the BCG growth-share matrix, classify 10 brands as stars, question marks, cash cows, or dogs. Find at least one product you...
Diff Eyewear is a successful business built around a socially conscious mission. The company makes and sells stylish eyewear with comparable quality but a significantly lower price than luxury...

At 95% confidence, what size sample should be taken so that the margin of error does not

Question:

Expert Answer:

Sampl... View the full answer

Statistical Reasoning for Everyday Life

Students also viewed these economics questions