Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A researcher wishes to estimate, with 95% confidence, the population proportion of adults who think the president of their country can control the price of

A researcher wishes to estimate, with 95% confidence, the population proportion of adults who think the president of their country can control the price of gasoline. Her estimate must be accurate within 2% of the true proportion.

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

b) whats the minimum sample size needed, using a prior study that found that 46% of therespondents said they think their president can control the price of gasoline.

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

Statistical Techniques in Business and Economics

Authors: Douglas A. Lind, William G Marchal

17th edition

1259666360, 978-1259666360

More Books

Students also viewed these Mathematics questions