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 0.03 margin of error and use a confidence level of 90%. Complete parts (a) through (c) below. .... a. Assume that nothing is known about the percentage to be estimated. n= (Round up to the nearest integer) b. Assume prior studies have shown that about 45% of full-time students earn bachelor's degrees in four years or less. n= (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. 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) dramatically reduces the sample size. O D. No, using the additional survey information from part (b) does not change the sample size.
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 0.03 margin of error and use a confidence level of 90%. Complete parts (a) through (c) below. .... a. Assume that nothing is known about the percentage to be estimated. n= (Round up to the nearest integer) b. Assume prior studies have shown that about 45% of full-time students earn bachelor's degrees in four years or less. n= (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. 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) dramatically reduces the sample size. O D. No, using the additional survey information from part (b) does not change the sample size.
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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![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 0.03 margin of error and use a confidence level of 90%. Complete parts (a) through (c) below.
a. Assume that nothing is known about the percentage to be estimated.
n = [ ]
(Round up to the nearest integer.)
b. Assume prior studies have shown that about 45% of full-time students earn bachelor's degrees in four years or less.
n = [ ]
(Round up to the nearest integer.)
c. Does the added knowledge in part (b) have much of an effect on the sample size?
- A. Yes, using the additional survey information from part (b) only slightly increases the sample size.
- B. No, using the additional survey information from part (b) only slightly reduces the sample size.
- C. Yes, using the additional survey information from part (b) dramatically reduces the sample size.
- D. No, using the additional survey information from part (b) does not change the sample size.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F79b1687b-f8f8-4604-a61a-733e52d1b3fb%2Ffc741481-f293-4ed8-b481-b9bb4894e0b3%2Fkr0uhdq_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 0.03 margin of error and use a confidence level of 90%. Complete parts (a) through (c) below.
a. Assume that nothing is known about the percentage to be estimated.
n = [ ]
(Round up to the nearest integer.)
b. Assume prior studies have shown that about 45% of full-time students earn bachelor's degrees in four years or less.
n = [ ]
(Round up to the nearest integer.)
c. Does the added knowledge in part (b) have much of an effect on the sample size?
- A. Yes, using the additional survey information from part (b) only slightly increases the sample size.
- B. No, using the additional survey information from part (b) only slightly reduces the sample size.
- C. Yes, using the additional survey information from part (b) dramatically reduces the sample size.
- D. No, using the additional survey information from part (b) does not change the sample size.
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