Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1) Some states now allow online gambling. As a marketing manager for a casino, you need to determine the percentage of adults in those states

1) Some states now allow online gambling. As a marketing manager for a casino, you need to determine the percentage of adults in those states who gamble online. How many adults must you survey in order to be 99% confident that your estimate is in error by no more than four percentage points?

Complete parts (a) and (b) below.

a. Assume that nothing is known about the percentage of adults who gamble online.

n=(Round up to the nearest integer.)

b. Assume that 19% of all adults gamble online.

n=(Round up to the nearest integer.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introductory Real Analysis

Authors: A N Kolmogorov, S V Fomin, Richard A Silverman

1st Edition

0486134741, 9780486134741

More Books

Students also viewed these Mathematics questions