In a sample of 60 stores of a certain company, 50 violated a scanner accuracy standard. It has been demonstrated that the conditions for a valid large-sample confidence interval for the true proportion of the stores that violate the standard were not met. Determine the number of stores that must be sampled in order to estimate the true proportion to within 0.05 with 90% confidence using the large-sample method. The number of stores that must be sampled is (Round up to the nearest whole number as needed)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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In a sample of 60 stores of a certain company, 50 violated a scanner accuracy standard. It has
been demonstrated that the conditions for a valid large-sample confidence interval for the true
proportion of the stores that violate the standard were not met. Determine the number of stores
that must be sampled in order to estimate the true proportion to within 0.05 with 90% confidence
using the large-sample method.
The number of stores that must be sampled is
(Round up to the nearest whole number as needed)
Transcribed Image Text:In a sample of 60 stores of a certain company, 50 violated a scanner accuracy standard. It has been demonstrated that the conditions for a valid large-sample confidence interval for the true proportion of the stores that violate the standard were not met. Determine the number of stores that must be sampled in order to estimate the true proportion to within 0.05 with 90% confidence using the large-sample method. The number of stores that must be sampled is (Round up to the nearest whole number as needed)
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