Another pilot study. During routine conversations, the CEO of a new start-up reports that 22% of adults
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Another pilot study. During routine conversations, the CEO of a new start-up reports that 22% of adults between the ages of 21 and 39 will purchase her new product. Hearing this, some investors decide to conduct a large-scale study, hoping to estimate the proportion to within 4%
with 98% confidence. How many randomly selected adults between the ages of 21 and 39 must they survey?
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Related Book For 
Business Statistics
ISBN: 9781292269313
4th Global Edition
Authors: Norean Sharpe, Richard De Veaux, Paul Velleman
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