Suppose a corporation is interested in the proportion of employees who favor a new child care program.

Question:

Suppose a corporation is interested in the proportion of employees who favor a new child care program. The corporation has 750 employees from which it wants to take a simple random sample. The planners would like to make the sample large enough so that they can produce a 90 % confidence interval that extends no more than 7 % on each side of the sample proportion in favor of the new program. How large a sample should they take? Assume that the sample standard deviation is .24.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

Question Posted: