A multinational corporation employing several thousand workers at its campus in a large city in the southwestern
Question:
a. How many more employees must the company randomly sample to be able to estimate the true population of employees who commute to work by means other than an automobile with a margin of error of ± 0.03 and a level of confidence of 90%?
b. Suppose that after the full sample is taken, it was found that 50 employees commute to work by means other than an automobile. Construct a 90% confidence interval estimate for the true population of employees who commute to work using means other than an automobile.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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