A certain pay television company wishes to estimate the proportion of its customers who would purchase a pay television program guide. To do this, the company manager decides to select a random sample of customers and note the number who would purchase a program guide. Suppose that experience in other areas suggests that about 13% of customers will purchase a program guide. How many customers should the company manager include in his sample if he wishes to estimate the true proportion who will purchase the program guide correct to within 5% (0.05) with a confidence level of 95%?
A certain pay television company wishes to estimate the proportion of its customers who would purchase a pay television program guide. To do this, the company manager decides to select a random sample of customers and note the number who would purchase a program guide. Suppose that experience in other areas suggests that about 13% of customers will purchase a program guide. How many customers should the company manager include in his sample if he wishes to estimate the true proportion who will purchase the program guide correct to within 5% (0.05) with a confidence level of 95%?
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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| b) A certain pay television company wishes to estimate the proportion of its customers who would |
| purchase a pay television program guide. To do this, the company manager decides to select a random |
| sample of customers and note the number who would purchase a program guide. Suppose that experience |
| in other areas suggests that about 13% of customers will purchase a program guide. |
| How many customers should the company manager include in his sample if he wishes to estimate the true |
| proportion who will purchase the program guide correct to within 5% (0.05) with a confidence level of 95%? |
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