Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

in a random sample of 500 families owning television sets in the city, it is found that 340 subscribed to HBO. calculate : a) the

in a random sample of 500 families owning television sets in the city, it is found that 340 subscribed to HBO.

calculate :

a) the point estimate of proportion families who subscribe to HBO.

b) the 95% confidence for the actual proportion families who subscribe to HBO. interpret your answer.

c) how large a sample is required if we want to be 99% confident that our point estimate is within 0.02? interpret your answer.

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

Probability With Applications and R

Authors: Robert P. Dobrow

1st edition

1118241257, 1118241258, 978-1118241257

More Books

Students also viewed these Mathematics questions

Question

1. How were jobs actually saved by Sodexhos decision to outsource?

Answered: 1 week ago