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Disney Corporation would like to know what proportion of diners at Disney Springs would prefer to have a grand view when they dine. They believe that the proportion who might be interested is close to 0.8 based on a pilot study. They want to be 95% confident with a margin of error equal to 0.02. Use JMP to determine what size sample they need. Round the answer as you should for this type of problem.

Disney Corporation would like to know what proportion of diners at Disney Springs would prefer to have a grand view when they dine. They believe that the proportion who might be interested is close to 0.8 based on a pilot study. They want to be 95% confident with a margin of error equal to 0.02. Use JMP to determine what size sample they need. Round the answer as you should for this type of problem.

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
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Disney Corporation is interested in determining what proportion of diners at Disney Springs would prefer to have a grand view while dining. According to a pilot study, they estimate that approximately 80% of diners might be interested in this option. The goal is to achieve a 95% confidence level with a margin of error of 0.02. They aim to determine the required sample size using JMP software, rounding the answer appropriately for this type of statistical problem.
Transcribed Image Text:Disney Corporation is interested in determining what proportion of diners at Disney Springs would prefer to have a grand view while dining. According to a pilot study, they estimate that approximately 80% of diners might be interested in this option. The goal is to achieve a 95% confidence level with a margin of error of 0.02. They aim to determine the required sample size using JMP software, rounding the answer appropriately for this type of statistical problem.
Expert Solution
Step 1: determine the given variable

P=0.8

q=0.2

M. E. =0.02

alpha=0.05

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