In a study of government financial aid for college students, it becomes necessary to estimate that percentage. Use a 0.05 margin of error and use a confidence level of 99%. Complete parts (a) through (c) below. percentage of full-time college students who earn a bachelor's degree in four years or less. Find the sample size needed to estimate 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 60% 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) only slightly increases the sample size O B. Yes, using the additional survey information from part (b) dramatically reduces the sample size. O C. No, using the additional survey information from part (b) only slightly reduces the sample size O D. No, using the additional survey information from part (b) does not change the sample sze.
In a study of government financial aid for college students, it becomes necessary to estimate that percentage. Use a 0.05 margin of error and use a confidence level of 99%. Complete parts (a) through (c) below. percentage of full-time college students who earn a bachelor's degree in four years or less. Find the sample size needed to estimate 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 60% 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) only slightly increases the sample size O B. Yes, using the additional survey information from part (b) dramatically reduces the sample size. O C. No, using the additional survey information from part (b) only slightly reduces the sample size O D. No, using the additional survey information from part (b) does not change the sample sze.
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please help answer both fully and clearly thank you
![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 0.05 margin of error and use a confidence level of 99%. 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 60% of full-time students earn bachelor's degrees in four years or less.
%3D
(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) only slightly increases the sample size.
O B. Yes, using the additional survey information from part (b) dramatically reduces the sample size.
O C. No, using the additional survey information from part (b) only slightly reduces the sample size.
O D. No, using the additional survey information from part (b) does not change the sample size.
Click to select your answer(s).
Next
5:49 PM
7/25/2021.
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Ofice Box 30](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4d692f32-1cee-4505-9ed0-364774a47bd9%2F3fcd790f-ac7f-464c-9c26-e2071a02e331%2Fru3u7d_processed.jpeg&w=3840&q=75)
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 0.05 margin of error and use a confidence level of 99%. 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 60% of full-time students earn bachelor's degrees in four years or less.
%3D
(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) only slightly increases the sample size.
O B. Yes, using the additional survey information from part (b) dramatically reduces the sample size.
O C. No, using the additional survey information from part (b) only slightly reduces the sample size.
O D. No, using the additional survey information from part (b) does not change the sample size.
Click to select your answer(s).
Next
5:49 PM
7/25/2021.
5)
6.
hp
home
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pg up
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prt sc
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Ofice Box 30
![An IQ test is designed so that the mean is 100 and the standard deviation is 16 for the population of normal adults. Find the sample size necessary to estimate the mean IQ score of statistics students such that it can be said with
90% confidence that the sample mean is within 3 IQ points of the true mean. Assume that o=16 and determine the required sample size using technology. Then determine if this is a reasonable sample size for a real world
calculation.
The required sample size is
(Round up to the nearest integer.)
Would it be reasonable to sample this number of students?
O No. This number of IQ test scores is a fairly large number.
O No. This number of IQ test scores is a fairly small number.
O Yes. This number of IQ test scores is a fairly large number.
O Yes. This number of IQ test scores is a fairly small number.
Click to select your answer(s).
Next
5:50 PM
7/25/2021.
hp
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Inast Bank](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4d692f32-1cee-4505-9ed0-364774a47bd9%2F3fcd790f-ac7f-464c-9c26-e2071a02e331%2Fvskctdi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:An IQ test is designed so that the mean is 100 and the standard deviation is 16 for the population of normal adults. Find the sample size necessary to estimate the mean IQ score of statistics students such that it can be said with
90% confidence that the sample mean is within 3 IQ points of the true mean. Assume that o=16 and determine the required sample size using technology. Then determine if this is a reasonable sample size for a real world
calculation.
The required sample size is
(Round up to the nearest integer.)
Would it be reasonable to sample this number of students?
O No. This number of IQ test scores is a fairly large number.
O No. This number of IQ test scores is a fairly small number.
O Yes. This number of IQ test scores is a fairly large number.
O Yes. This number of IQ test scores is a fairly small number.
Click to select your answer(s).
Next
5:50 PM
7/25/2021.
hp
TOTAL
AC
08/19/2021
end
ins
prt sc
delete
home
dn 6d
f11
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216 N
Inast Bank
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