ou work for a marketing firm that has a large client in the automobile industry. You have been asked to stimate the proportion of households in Chicago that have two or more vehicles. You have been assigned o gather a random sample that could be used to estimate this proportion to within a 0.015 margin of error ta 98% level of confidence. ) With no prior research, what sample size should you gather in order to obtain a 0.015 margin of error? Round your answer up to the nearest whole number. households b) Your firm has decided that your plan is too expensive, and they wish to reduce the sample size required. You conduct a small preliminary sample, and you obtain a sample proportion of p 0.22 . Using this new information. what sample size should you gather in order to obtain a 0.015 margin of error? Round your answer up to the nearest whole number.

ou work for a marketing firm that has a large client in the automobile industry. You have been asked to stimate the proportion of households in Chicago that have two or more vehicles. You have been assigned o gather a random sample that could be used to estimate this proportion to within a 0.015 margin of error ta 98% level of confidence. ) With no prior research, what sample size should you gather in order to obtain a 0.015 margin of error? Round your answer up to the nearest whole number. households b) Your firm has decided that your plan is too expensive, and they wish to reduce the sample size required. You conduct a small preliminary sample, and you obtain a sample proportion of p 0.22 . Using this new information. what sample size should you gather in order to obtain a 0.015 margin of error? Round your answer up to the nearest whole number.

Name: You work for a marketing firm that has a large client in the automobi
Uploaded: 2024-03-20T07:07:00.000Z
Channel: Bartleby
Description: You work for a marketing firm that has a large client in the automobile industry. You have been asked toestimate the proportion of households in Chicago that have two or more vehicles. You have been assignedto gather a random sample that could be us