Answered step by step
Verified Expert Solution
Question
1 Approved Answer
all the help would be appreciated Exercise 9.25 (Algo) (LO9-4) Suppose the US. president wants to estimate the proportion of the population that supports his
all the help would be appreciated Exercise 9.25 (Algo) (LO9-4) Suppose the US. president wants to estimate the proportion of the population that supports his current policy foward revistons in the health care system. The president wants the margin of error to be 0.03 . Assume a 95% leval of confidence. The president's political advisors found a similar survey from two years ago that reported that 55% of people supported heaith care revisions. a. How large of a sample is requited? (Round intermediote values to 2 decimol points. Round your onswer up to the next whole number.) b. How large of a sample would be necessary if no estimate were avallable for the proportion supporting curreat policy? (Round intermediate volues to 2 decimal points. Round your answer up to the next whole number.)
all the help would be appreciated
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started