Homework Help is Here – Start Your Trial Now!
Math
Statistics
a study of government financial aid for college students, it becomes necessa ur years or less. Find the sample size needed to estimate that percentage. U E) below. Assume that nothing is known about the percentage to be estimated. D Round up to the nearest integer.) - Assume prior studies have shown that about 40% of full-time students earm Round up to the nearest integer.) Does the added knowledge in part (b) have much of an effect on the samp DA. Yes, using the additional survey information from part (b) dramatically O B. No, using the additional survey information from part (b) only slightly D C. Yes, using the additional survey information from part (b) only slightly D D. No, using the additional survey information from part (b) does not cha

a study of government financial aid for college students, it becomes necessa ur years or less. Find the sample size needed to estimate that percentage. U E) below. Assume that nothing is known about the percentage to be estimated. D Round up to the nearest integer.) - Assume prior studies have shown that about 40% of full-time students earm Round up to the nearest integer.) Does the added knowledge in part (b) have much of an effect on the samp DA. Yes, using the additional survey information from part (b) dramatically O B. No, using the additional survey information from part (b) only slightly D C. Yes, using the additional survey information from part (b) only slightly D D. No, using the additional survey information from part (b) does not cha

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
See similar textbooks
icon
Related questions
Question
In a study of government financial aid for college students, it becomes necessary to estimate the percentage of full-time college students who earn a bachelor's degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.02 margin of error and use a confidence level of 95%. Complete parts (a) through (c) below. a. Assume that nothing is known about the percentage to be estimated. (Round up to the nearest integer.) b. Assume prior studies have shown that about 40% of full-time students earn bachelor's degrees in four years or less. (Round up to the nearest integer.) c. Does the added knowledge in part (b) have much of an effect on the sample size? O A. Yes, using the additional survey information from part (b) dramatically reduces the sample size. O B. No, using the additional survey information from part (b) only slightly reduces the sample size. O C. Yes, using the additional survey information from part (b) only slightly increases the sample size. O D. No, using the additional survey information from part (b) does not change the sample size.
Transcribed Image Text:In a study of government financial aid for college students, it becomes necessary to estimate the percentage of full-time college students who earn a bachelor's degree in four years or less. Find the sample size needed to estimate that percentage. Use a 0.02 margin of error and use a confidence level of 95%. Complete parts (a) through (c) below. a. Assume that nothing is known about the percentage to be estimated. (Round up to the nearest integer.) b. Assume prior studies have shown that about 40% of full-time students earn bachelor's degrees in four years or less. (Round up to the nearest integer.) c. Does the added knowledge in part (b) have much of an effect on the sample size? O A. Yes, using the additional survey information from part (b) dramatically reduces the sample size. O B. No, using the additional survey information from part (b) only slightly reduces the sample size. O C. Yes, using the additional survey information from part (b) only slightly increases the sample size. O D. No, using the additional survey information from part (b) does not change the sample size.
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
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 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…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
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
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS