Question
The proportion of public accountants who have changed companies within the last three years is to be estimated within 5%. The 90% level of confidence
The proportion of public accountants who have changed companies within the last three years is to be estimated within 5%. The 90% level of confidence is to be used. A study conducted several years ago revealed that the percent of public accountants changing companies within three years was 22. (Use z Distribution Table.) (Round the z-values to 2 decimal places. Round up your answers to the next whole number.) |
a. | To update this study, the files of how many public accountants should be studied? |
b. | How many public accountants should be contacted if no previous estimates of the population proportion are available? |
A survey of 30 randomly selected "iPhone" owners showed that the purchase price has a mean of $400 with a sample standard deviation of $185. (Use t Distribution Table.) |
a. | Compute the standard error of the sample mean. (Round your answer to the nearest whole number.) |
Standard error |
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