6. A newspaper plans to conduct a survey for the upcoming presidential election in order to estimate the proportion of the population, p, who supports a certain candidate. What is the smallest sample size needed to obtain an estimate that is within 4% of the true proportion p at the 96% confidence level? (A) 26 ® (B) 376 (B) 601 (D) 660 (E) Cannot be determined from information given.
6. A newspaper plans to conduct a survey for the upcoming presidential election in order to estimate the proportion of the population, p, who supports a certain candidate. What is the smallest sample size needed to obtain an estimate that is within 4% of the true proportion p at the 96% confidence level? (A) 26 ® (B) 376 (B) 601 (D) 660 (E) Cannot be determined from information given.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
How d you find the value of z* equals 2.054?

Transcribed Image Text:6. A newspaper plans to conduct a survey for the upcoming presidential election
in order to estimate the proportion of the population, p, who supports a certain
candidate. What is the smallest sample size needed to obtain an estimate that is
within 4% of the true proportion p at the 96% confidence level?
(A) 26
(В) 376
(B) 601
(D) 660
(E) Cannot be determined from information given.
Answered Wed May 19 2021 19:52:41 GMT-0700
Answer Explanation
The correct answer is (D). Since we don't have an estimate for p, we use p=0.5, which gives us the largest
possible margin of error, and the critical value for 96% confidence is z* = 2.054. Use algebra to solve for
n and then round up to 660.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman