IV. A beauty product maker hired and dispatched a professional marketing analyst to several shopping malls in Central Luzon, the aim is to get an estimate of proportion of shoppers who will buy their Brand X daily moisturizer. How large sample should the marketing analyst take in order to estimate that proportion to within 0,04, with 90% confidence?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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IV. 

IV. A beauty product maker hired and
dispatched a professional marketing analyst to
several shopping malls in Central Luzon, the
aim is to get an estimate of proportion of
shoppers who will buy their Brand X daily
moisturizer. How large sample should the
marketing analyst take in order to estimate
that proportion to within 0,04, with 90%
confidence?
Transcribed Image Text:IV. A beauty product maker hired and dispatched a professional marketing analyst to several shopping malls in Central Luzon, the aim is to get an estimate of proportion of shoppers who will buy their Brand X daily moisturizer. How large sample should the marketing analyst take in order to estimate that proportion to within 0,04, with 90% confidence?
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