Suppose you want to estimate the proportion of traditional college students on your campus who own their

Question:

Suppose you want to estimate the proportion of traditional college students on your campus who own their own car. You have no preconceived idea of what that proportion might be.

a) What sample size is needed if you wish to be 95%

confident that your estimate is within 0.02 of the true proportion?

b) What sample size is needed if you wish to be 99%

confident that your estimate is within 0.02 of the true proportion?

c) What sample size is needed if you wish to be 95%

confident that your estimate is within 0.05 of the true proportion?

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Business Statistics

ISBN: 9781292269313

4th Global Edition

Authors: Norean Sharpe, Richard De Veaux, Paul Velleman

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Question Posted: Sep 07, 2024 06:00 AM

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Suppose you want to estimate the proportion of traditional college students on your campus who own their

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Business Statistics

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