Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 31, 2021

At 95% confidence, what size sample should be taken so that the margin of error does not exceed 5 or less? The population variance is

At 95% confidence, what size sample should be taken so that the margin of error does not exceed 5 or less? The population variance is 144.

Step by Step Solution

★★★★★

3.38 Rating (145 Votes )

There are 3 Steps involved in it

Step: 1

Sampl...

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

Statistical Reasoning for Everyday Life

Authors: Jeff Bennett, Bill Briggs, Mario F. Triola

4th edition

978-0321817747, 321817745, 978-0321890139, 321890132, 321817621, 978-0321817624

More Books

Students also viewed these Economics questions

Question

★★★★★

At 95% confidence, how large a sample should be taken to obtain a margin of error of .03 for the estimation of a population proportion? Assume that past data are not available for developing a...

Answered: 1 week ago

Question

★★★★★

What is the margin of error in a statistical study, and why is it important?

Answered: 1 week ago

Question

★★★★★

At 95% confidence, how large a sample should be taken to obtain a margin of error of .03 for the estimation of a population proportion? Assume that past data are not available for developing a...

Answered: 1 week ago

Question

★★★★★

A quality improvement program has been instituted in an organization to reduce total quality costs. Discuss the impact of such a program on prevention, appraisal, and failure costs.

Answered: 1 week ago

Question

★★★★★

Explain how awareness of an organizations buying center or the involvement of household members in a consumer decision could affect the process of estimating a products VTC.

Answered: 1 week ago

Question

★★★★★

Suppose that two horizontal forces are acting upon a 0.25-kg wooden block as it moves across a laboratory table: a 5-N force pulling the block and a 2-N frictional force opposing the motion. The...

Answered: 1 week ago

Question

★★★★★

=+January 2007 (the value just past those given in the table)? Section 19.6

Answered: 1 week ago

Question

★★★★★

Novelis, Incorporated is the worlds leading rolledaluminum products producer. Items 1. through 3. below provide descriptions of issues involving asset impairments derived from the companys footnote...

Answered: 1 week ago

Question

★★★★★

A successful athletic program defines their "core values" and uses these values to help give direction for the program. True False

Answered: 1 week ago

Question

★★★★★

Based on the information presented in the minicase, and the discussion in both Chapter 2 and this chapter, to what extent does Elon Musk fit the general charac- teristics of an entrepreneur and a...

Answered: 1 week ago

Question

★★★★★

Fred and Janet and their two daughters, Kelly and Karen, are insured under an individual major medical policy that covers the entire family. The policy has a calendar-year deductible of $500 that...

Answered: 1 week ago

Question

★★★★★

Recall the Five-Component of Information Systems. Can you identify each component that contact tracing needs to make it work? You need to think beyond the application and carefully examine each...

Answered: 1 week ago

Question

★★★★★

1. A 75 kg skier starts with an initial speed of 2 m/s down a 40 m high ramp. They launch off a ramp that is 8 m above the ground. (a) Determine the skier's velocity when launching off the ramp. (b)...

Answered: 1 week ago

Question

★★★★★

JigSaw Puzzle Company produces puzzles in small batches. The company uses operation costing and manufactures their puzzles in four operations. In the Cutting operation, the puzzle pieces are cut to...

Answered: 1 week ago

Question

★★★★★

11 volume and surface area en: Problem 5 Previous Problem Problem List Next Problem (1 point) Consider the following set. =x}. D= {(x, y, z) | the solid shape which is enclosed by the paraboloid z =...

Answered: 1 week ago

Question

★★★★★

When would each approach be appropriate. Let nature take its course . Allowing those who will be affected by change to recognize and to adjust to the implications in their own time. Attraction...

Answered: 1 week ago

Question

★★★★★

4. Calculate the sum of the S series with an accuracy 0.001. 4. Calculate the sum of the S series with an accuracy 0.001

Answered: 1 week ago

Question

★★★★★

The percentage of completion and completed contract methods are described in the FASB ASC. Search the codification to find the paragraphs covering these topics, cite them, and copy the results.

Answered: 1 week ago

Question

★★★★★

The amounts of the fines from parking tickets found on a random sample of 1,000 parked cars. State whether you expect it to be normally distributed. Explain your reasoning.

Answered: 1 week ago

Question

★★★★★

The pie charts in Figure 3.38 give the percentage of Americans in three age categories in 1990 and 2050 (projected). a. Consider the 1990 age distribution. The actual percentages for the three...

Answered: 1 week ago

Question

★★★★★

A couple plans to have four children. Find the probability that the first two children are girls and the last two children are boys.

Answered: 1 week ago

Question

★★★★★

If the C$ strengthens by 0.0021 from the value in Table 3.2, what will be the new value of C$ per 1.00?

Answered: 1 week ago

Question

★★★★★

Statistics Canada calculates separate subindexes of the CPI for goods and for services. The goods index rose from 96.8 to 112.0 over a 10-year period. During the same period, the services index rose...

Answered: 1 week ago

Question

★★★★★

We want to compare the increase in value of the stock portfolio represented by the S&P/TSX Composite Index during the 18-year period described in Problem 14 to the general increase in prices of goods...

Answered: 1 week ago

Previous Question Next Question