one you would normally buy?" Of these users, 62% responded that they would buy the CD. CD with this fechnology, of would you refuse to buy oato a 90% confidence interval for this percentage the company wants to cut the margin of error in half, how many users must they survey?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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A company manufacturing CDs is working on a new technology. A random sample of 704 Internet users were asked "As you may khow, some CDs are being
manutactured so that you can only make one copy of the CD after you purchase it Would you buy a CD with this technology, or would you refuse to buy it even
was one you would normally buy?" Of these users, 62% responded that they would buy the CD
a) Create a 99% confidence interval for this percentage
b) If the company wants to cut the margin of error in half, how many users must they survey?
a) The 99% confidence interval is ( )
(Round to one decimal place as needed)
Transcribed Image Text:A company manufacturing CDs is working on a new technology. A random sample of 704 Internet users were asked "As you may khow, some CDs are being manutactured so that you can only make one copy of the CD after you purchase it Would you buy a CD with this technology, or would you refuse to buy it even was one you would normally buy?" Of these users, 62% responded that they would buy the CD a) Create a 99% confidence interval for this percentage b) If the company wants to cut the margin of error in half, how many users must they survey? a) The 99% confidence interval is ( ) (Round to one decimal place as needed)
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