Question: There were 904 new Subway Restaurants franchises opened during 2002. Suppose that Subway wished to survey a simple random sample of the new franchisees to

There were 904 new Subway Restaurants franchises opened during 2002. Suppose that Subway wished to survey a simple random sample of the new franchisees to find out what percentage of them were totally pleased with their relationship with the company. If Subway wanted to have 90% confidence in being within 3 percentage points of the population percentage who are pleased, how many of the new franchisees would have to be included in the sample?

Step by Step Solution

3.44 Rating (180 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

For the 90 confidence level z 1645 The maximum likely error is e 003 or 3 ... View full answer

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

Document Format (1 attachment)

Word file Icon

522-M-S-O-T-S-E (500).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!