Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

statistics In a study of government nancial aid for college students, it becomes necessary to estimate the percentage of full-time college students who earn a

statistics

image text in transcribed
In a study of government nancial aid for college students, it becomes necessary to estimate the percentage of full-time college students who earn a bachelor's degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.01 margin of error and use a condence level of 90%. Complete parts (a) through (c) below. 3. Assume that nothing is known about the percentage to be estimated. n = 6724 (Round up to the nearest integer.) b. Assume prior studies have shown that about 60% of full-time students earn bachelor's degrees in four years or less. n=o (Round up to the nearest integer.)

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

Mathematics for Economics and Business

Authors: Ian Jacques

9th edition

129219166X, 9781292191706 , 978-1292191669

More Books

Students also viewed these Mathematics questions

Question

Why is trust so important in effective SCM?

Answered: 1 week ago