=+76. Another pilot study. During routine conversations, the CEO of a new start-up reports that 22% of

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=+76. 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?

Exercises 331

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Business Statistics Plus Pearson Mylab Statistics With Pearson Etext

ISBN: 978-1292243726

3rd Edition

Authors: Norean R Sharpe ,Richard D De Veaux ,Paul Velleman

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