Before settling on a National Health Care plan, the senate committee wants to know the additional cost that employers will have to pay. In order to compute this additional cost, the committee needs to estimate the proportion of the work force that currently does not have health insurance. This estimate should have an error no bigger than .02 and a confidence level of 95%. Aprevious similar survey resulted in 23% of the workforce being uninsured. What size sample should the senate committee take in order to meet their goals when they estimate the current proportion of the work force that do not have health insurance?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Before settling on a National Health Care plan, the senate committee wants to know the
additional cost that employers will have to pay. In order to compute this additional cost, the
committee needs to estimate the proportion of the work force that currently does not have
health insurance. This estimate should have an error no bigger than .02 and a confidence
level of 95%. A previous similar survey resulted in 23% of the workforce being uninsured.
What size sample should the senate committee take in order to meet their goals when they
estimate the current proportion of the work force that do not have health insurance?
2.
Transcribed Image Text:Before settling on a National Health Care plan, the senate committee wants to know the additional cost that employers will have to pay. In order to compute this additional cost, the committee needs to estimate the proportion of the work force that currently does not have health insurance. This estimate should have an error no bigger than .02 and a confidence level of 95%. A previous similar survey resulted in 23% of the workforce being uninsured. What size sample should the senate committee take in order to meet their goals when they estimate the current proportion of the work force that do not have health insurance? 2.
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