Ahead of the 2019 Indian general election, a random sample of 100 voters is taken to estimate
Question:
Ahead of the 2019 Indian general election, a random sample of 100 voters is taken to estimate the proportion of a state’s electorate in favor of increasing the fuel tax to provide additional revenue for highway repairs. Suppose that it is decided that a sample of 100 voters is too small to provide a sufficiently reliable estimate of the population proportion. It is required instead that the probability that the sample proportion differs from the population proportion (whatever its value) by more than 0.07 should not exceed 0.075. How large a sample is needed to guarantee that this requirement is met?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Statistics For Business And Economics
ISBN: 9781292315034
9th Global Edition
Authors: Paul Newbold, William Carlson, Betty Thorne
Question Posted: