Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Catherine Cho, Director of Marketing Research at Vitalglow Pty Ltd, is evaluating consumer acceptance of a new toothpaste package. She plans to use a 80%

Catherine Cho, Director of Marketing Research at Vitalglow Pty Ltd, is evaluating consumer acceptance of a new toothpaste package. She plans to use a 80% confidence interval estimate of the proportion of Darwin households which prefer the new packages; she will accept a 0.05 error. Previous studies indicate that new packaging has an approximately 70% acceptance rate. The sample size should be at least _______.

Select one:

a.

27

b.

59

c.

323

d.

427

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

Step: 3

blur-text-image

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

Finite Mathematics

Authors: Stefan Waner, Steven Costenoble

7th Edition

133751554X, 9781337515542

More Books

Students also viewed these Mathematics questions