A marketing firm in New York City (population 8.6 million) plans to draw a simple random sample
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A marketing firm in New York City (population 8.6 million) plans to draw a simple random sample of 1000 people to estimate the proportion who have heard about a new product. The firm then plans to take a simple random sample of 500 in Denver
(population 683,000) for the same purpose. True or false:
a. The margin of error for a 95% confidence interval will be larger in New York.
b. The margin of error for a 95% confidence interval will be larger in Denver.
c. The margin of error for a 95% confidence interval will be about the same in both cities.
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