Question: Using formula and example provided in slide 13, please calcucate and determine the Margin of sample error (1) estimated percenet in the population= 50%, confidence

Using formula and example provided in slide 13, please calcucate and determine the Margin of sample error (1) estimated percenet in the population= 50%, confidence level=95% (z=1.96), sample size=600 Margin of sample error ?? (2) estimated percenet in the population= 50%, confidence level=99% (z=2.58), sample size=1100 Margin of sample error

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 Mathematics Questions!

1) estimated percenet in the population= 50%, confidence level=95% (z=1.96), sample size=600 Margin of sample error ?? (2) estimated percenet in the population= 50%, confidence level=99% (z=2.58),...

SAMPLING MEAN: DEFINITION: The term sampling mean is a statistical term used to describe the properties of statistical distributions. In statistical terms, the sample mean from a group of...

Set Student Name: 1. Answer true or false for each part, and if false, explain your answer. a. The point estimate for the population mean, , of an x distribution is x-bar, computed from a random...

Instuctor's Annotated Edition TENTH EDITION Understandable Statistics Concepts and Methods Charles Henry Brase Regis University Corrinne Pellillo Brase Arapahoe Community College Australia Brazil...

Unit 3 Problem Set NAME: Elements of Statistics--FHSU Virtual College--Spring 2017 REMEMBER, these are assessed preparatory problems related to the content of Unit 3. The Unit 3 Exam will consist of...

2: Tests of Significance Throughout this assignment you will review mock studies. You will needs to follow the directions outlined in the section using SPSS and decide whether there is significance...

Business Research MethodologyQuestion Bank 1 1. When the marketing department of an organization attempts to determine the amount of time the managers in this department spend at their computers in...

Unit 3 Problem Set NAME: Elements of Statistics--FHSU Virtual College--Summer 2015 REMEMBER, these are assessed preparatory problems related to the content of Unit 3. The Unit 3 Exam will consist of...

Center for Learning and Technology COURSE SYLLABUS PRINCIPLES OF STATISTICS STA-201-GS Course Syllabus PRINCIPLES OF STATISTICS STA-201-GS Thomas Edison State College May 2015 Course Essentials...

MS1023 Business Statistics with Computer Applications MS1023 Business Statistics w/Comp Apps I Homework #3 - Use Red Par Score Form Chp. 7: Questions 1-50 1. Kristen Ashford purchased the subscribers...

A database is the best application to manage and manipulate organization data;Distinguish between a candidate key and a primary key in a database. State any two functions of a query

Required Tasks: 1. Identify the major issue(s) of the case. 2. Analyze the overall cost allocation issues by developing a scatterplot of Cost v. Hours of Operation. Which variable, cost or hours of...

Which of the following statements is most likely to be false? VaR ( Value at Risk ) analysis cannot be used as a measurement of bankruptcy prediction model. Moody s KMV RiskCalC 3 . 1 is a commercial...

A company issues 1,050 shares of its common stock for $33,600 cash. Prepare journal entries to record this event under each of the following separate situations.