Refer to Exercise 12.52. a. Find the margin of error for the estimate of p. b. Obtain
Question:
Refer to Exercise 12.52.
a. Find the margin of error for the estimate of p.
b. Obtain a sample size that will ensure a margin of error of at most 0.02 for a 95% confidence interval without making a guess for the observed value of p̂.
c. Find a 95% confidence interval for p if, for a sample of the size determined in part (b), 36.0% of those sampled drink alcoholic beverages at least once a week.
d. Determine the margin of error for the estimate in part (c) and compare it to the margin of error specified in part (b).
e. Repeat parts (b)-(d) if you can reasonably presume that the percentage of adults sampled who drink alcoholic beverages at least once a week will be at most 40%.
f. Compare the results you obtained in parts (b)-(d) with those obtained in part (e).
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