Suppose a corporation is interested in the proportion of employees who favor a new flex time work

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Suppose a corporation is interested in the proportion of employees who favor a new “flex time” work schedule. The corporation has 420 employees from which the planners wish to take a simple random sample. The planners would like to make the sample large enough so that they can produce a 95 %

confidence interval that extends no more than 5 % on each side of the sample proportion in favor of the new program. How large a sample should they take?

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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