In order to determine the percentage p of units from certain statistical population which share a certain characteristic C, what is the size n of a sample that will ensure a 90% confidence interval for p with a margin of error of at most +/-1%? An estimation using the standard error formula (from the confidence interval for population proportions) gives the minimum size n of a sample to ensure such a confdence level and error margin in estimating p as [N]
In order to determine the percentage p of units from certain statistical population which share a certain characteristic C, what is the size n of a sample that will ensure a 90% confidence interval for p with a margin of error of at most +/-1%? An estimation using the standard error formula (from the confidence interval for population proportions) gives the minimum size n of a sample to ensure such a confdence level and error margin in estimating p as [N]
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
Recommended textbooks for you
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON