Question: You wish to estimate, with 95% confidence, the population proportion of U.S. adults who have taken or planned to take a winter vacation in a

You wish to estimate, with 95% confidence, the population proportion of U.S. adults who have taken or planned to take a winter vacation in a recent year. Your estimate must be accurate within 5% of the population proportion. 

(a) No preliminary estimate is available. Find the minimum sample size needed. 

(b) Find the minimum sample size needed, using a prior study that found that 32% of U.S. adults have taken or planned to take a winter vacation in a recent year.  

(c) Compare the results from parts (a) and (b).

Step by Step Solution

3.46 Rating (169 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a b c Having an estimate o... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Elementary Statistics Picturing Questions!