You are a manager for a local convenience store. You want to determine whatproportion of your customers would be interested in warm hot dogs for salein your store. Suppose that you want to have a 99% confidence level in youranalysis, and you want your estimate to be within 6.50% of the sampleproportion. What is the minimum number of people you need to sample?Round your final answer up to the nearest person, and select the closestvalue to your answer.Any sample size that is at least 30 will satisfy this requirement.697O227548393

Given that Margin of error =E=6.50%=0.0650 99% confidence.

Answered: ou are a manager for a local…

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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If n = 440 and X = 352, construct a 90% confidence interval for the population proportion, p.Give your answers to three decimals
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Does buttered toast fall face down? Data was collected to test this. 40 slices of toast (each with butter on one side) were dropped (from the same height). 24 slices (60%) landed buttered side down. We would like to use the results of this study to determine if there is statistical evidence that toast tends to land buttered side down more than 50% of the time.
You want to survey students to see what proportion of them have taken Statistics 101. This survey hasn't been previously completed, so no estimate is known. How large of a sample size is necessary if we want the margin of error to be within 4% with a 95% confidence interval?
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