A survey firm wants to ask a random sample of adults in Ohio if they support an
Question:
A survey firm wants to ask a random sample of adults in Ohio if they support an increase in the state sales tax from 5% to 6%, with the additional revenue going to education. Let p^ denote the proportion in the sample who say that they support the increase. Suppose that 40% of all adults in Ohio support the increase. How large a sample would be needed to guarantee that the standard deviation of p^ is no more than 0.01?
(a) 1500
(c) 2401
(e) 9220
(b) 2400
(d) 2500
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