Question: THIS QUESTION IS FOR A CLASS CALLED MARKETING RESEARCH. PLEASE SHOW FULL WORK AS I AM TRYING TO UNDERSTAND THE ANSWER, NOT JUST GET TO

THIS QUESTION IS FOR A CLASS CALLED MARKETING RESEARCH. PLEASE SHOW FULL WORK AS I AM TRYING TO UNDERSTAND THE ANSWER, NOT JUST GET TO THE SOLUTION.
Thanks in Advance  THIS QUESTION IS FOR A CLASS CALLED MARKETING RESEARCH. PLEASE SHOW

Assume that previous fast food research has shown that 80 percent of the consumers like curly French fries, and the researcher is commissioned by a local restaurant to do the survey in a local market with a population size of 10,000. The researcher wishes to have an error of 6 percent or less and be 95 percent confident of an estimate to be made about curly French fry consumption from a survey. What is the required sample size to achieve the above goals

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!