Question: A company manufacturing CDs is working on a new technology. A random sample of 703 Internet users were asked: As you may know, some CDs
A company manufacturing CDs is working on a new technology. A random sample of 703 Internet users were asked: “As you may know, some CDs are being manufactured so that you can only make one copy of the CD after you purchase it. Would you buy a CD with this technology, or would you refuse to buy it even if it was one you would normally buy?” Of these users, 64% responded that they would buy the CD.
a) Create a 90% confidence interval for this percentage.
b) If the company wants to cut the margin of error in half, how many users must they survey?
Step by Step Solution
3.32 Rating (173 Votes )
There are 3 Steps involved in it
a This was a random sample of less than 10 of all Intern... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
452-M-S-S-D (931).docx
120 KBs Word File
