2. Lindvall-Lindvall-Lindvall is the name of a new musical on Broadway in NYC. The producers of the show want to extend the musical's "run" for another year, but they want to assure that the ticket sales reach the prior year's record of 158,771 show-goers. The producers think that a 30% favorable response rate to a survey with a ±2% margin of error at a 95% level of confidence will confirm their hopes of success. What size sample should be surveyed?
2. Lindvall-Lindvall-Lindvall is the name of a new musical on Broadway in NYC. The producers of the show want to extend the musical's "run" for another year, but they want to assure that the ticket sales reach the prior year's record of 158,771 show-goers. The producers think that a 30% favorable response rate to a survey with a ±2% margin of error at a 95% level of confidence will confirm their hopes of success. What size sample should be surveyed?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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