Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3. On a survey regarding the most watched TV shows on Netflix in 2019 found in addition to the ranking of shows , that 14%

image text in transcribed
image text in transcribed
3. On a survey regarding the most watched TV shows on Netflix in 2019 found in addition to the ranking of shows , that 14% of Netix users will tap into the account of someone outside their household . (Source :https ://variety.com l2019 [digital lnews lnetix -orange -is- the -new -black -stranger -things -most -poular -1203267573 I) a. Assume the margin of sampling error was plus or minus 2 percentage points .Find a 90% confidence interval (assuming the margin of error is based on a 90% confidence interval) for the entire population that tap into the Netflix account of someone outside their household '? 4. In a poll released by the New York Times in 1995 , when asked if television shows should have ratings as movies do, 84% of the population sampled said yes (Reference https :l/wwwnytimescom {1995 [08 [20 lmovies lamericans -despair -of -popular - culture.html ). Now someone wants to conduct a similar study in 2020 .Let p be the proportion of individuals who would respond yes to having rankings on television shows like movies do. a. Ifwe didn't have a preliminary sample to estimate p, how large a sample would be necessary to be 95% sure that a point estimate will be within a distance of 0.10 from P? b. Suppose we use the study in 1995 as the preliminary estimate . How many individuals should be included in the sample to be 95% sure that a point estimate will be within a distance of 0.10 from P

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

International Economics

Authors: Thomas Pugel

16th Edition

0078021774, 9780078021770

More Books

Students also viewed these Economics questions