A sample of size 100 was taken from the population represented in Figure 15-1. The results showed
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= 0.52
s2 = 2.62
a. Determine a 90 percent interval estimate for μ. (Recall from Figure 15-1 that Ï = 1.49.)
b. Determine a 95 percent interval estimate for μ.
c. Repeat (a) and (b) using s2 instead of Ï2.
d. What sample size would be needed to reduce the sampling error to 0.10 if a confidence level of 95 percent were desired? Use the fact that Ï = 1.49.
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Marketing Research
ISBN: 978-1118156636
11th edition
Authors: David A. Aaker, V. Kumar, Robert Leone, George S. Day
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