Question: What is the minimal sample size needed for a 95% confidence interval to have a maximal margin of error of0.1in the following scenarios? (Round your

What is the minimal sample size needed for a 95% confidence interval to have a maximal margin of error of0.1in the following scenarios? (Round your answers up the nearest whole number.)

(a) a preliminary estimate forpis0.22

(b) there is no preliminary estimate forp

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. The method of tree ring dating gave the following years A.D. for an archaeological excavation site. Assume that the population of x values has an approximately normal distribution. 1222 1306 1187...

8. In order to use a normal distribution to compute confidence intervals for p , what conditions on np and nq need to be satisfied? np 5 np > 5; nq > 5 np > 5; nq

1. What price do farmers get for their watermelon crops? In the third week of July, a random sample of 43 farming regions gave a sample mean of x= $6.88 per 100 pounds of watermelon. Assume that is...

What is the minimal sample size needed for a 95% confidence interval to have a maximal margin of error of 0.1 in the following scenarios? ( enter a number. Round up the nearest whole number.) (a) a...

I dont understand any of these problems, please help. -/8.33 pointsBBBasicStat8Acc 8.3.002. In order to use a normal distribution to compute confidence intervals for p, what conditions on n.p and n.q...

What is the minimal sample size needed for a 95% confidence interval to have a maximal margin of error of0.1in the following scenarios? (For each answer, enter a number. Round your answers up the...

Hello, I hope you can help me with this question. Mathematics is simply not my better subject. Thank you! The question: What is the minimal sample size needed for a 95% confidence interval to have a...

What is the minimal sample size needed for a 95% confidence interval to have a maximal margin of error of0.1in the following scenarios? (For each answer, enter a number. Round your answers up the...

As owner of a local, independent supermarket, explain how you would evaluate the firms strategy.

How is inflation handled in the goal-planning process? Explain.

In year 0, Canon purchased a machine to use in its business for $56,000. In year 3, Canon sold the machine for $42,000. Between the date of the purchase and the date of the sale, Canon depreciated...

Suppose that three individuals each benefit from a public good The marginal cost of the public good provision is fixed at $15 per unit: MC = $15 Whereas each of the three individuals (Person 1,...