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WIDE RULED NOTEBOOK Problem 2: 15 points = [5 + 5 + 5] Market research team members design a study aimed at estimating the proportion
WIDE RULED NOTEBOOK Problem 2: 15 points = [5 + 5 + 5] Market research team members design a study aimed at estimating the proportion of customers who will accept the service agreement changes. 1. At the confidence level (= C = 0.90), determine the SMALLEST sample size needed for the margin of error no higher than B = 3.5% 2. At the confidence level (= C = 0.95), determine the SMALLEST sample size needed for the margin of error no higher than B = 4.5% 3. What will be the largest margin of error for a 95% interval based on n = 100 records? Solution
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