Question
The manager of a department store wants to estimate the proportion of customers who use the store's credit card for their purchases. The manager wants
The manager of a department store wants to estimate the proportion of customers who use the store's credit card for their purchases. The manager wants the estimate to be within 5% of the actual proportion of customers who use the store's credit card. How large a sample should the manager take in order to be 96% confident of the result?
- Enter your answer in the blank below and include units.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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
Discrete and Combinatorial Mathematics An Applied Introduction
Authors: Ralph P. Grimaldi
5th edition
201726343, 978-0201726343
