Suppose a consumer advocacy group would like to conduct a survey to find the proportion p of consumers who bought the newest generation of an MP3 player were happy with their purchase. a) How large a sample n should they take to estimate p with 2% margin of error and 90% confidence? b) The advocacy group took a random sample of 1000 consumers who recently purchased this MP3 player and found that 400 were happy with their purchase. Find a 95% confidence interval for p. 4 decimal places lower limit = upper limit =

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Suppose a consumer advocacy group would like to conduct a survey to find the proportion p of consumers who bought the newest
generation of an MP3 player were happy with their purchase.
a) How large a sample n should they take to estimate p with 2% margin of error and 90% confidence?
b) The advocacy group took a random sample of 1000 consumers who recently purchased this MP3 player and found that 400 were
happy with their purchase. Find a 95% confidence interval for p. 4 decimal places
lower limit =
upper limit =
Transcribed Image Text:Fill in the blanks: Suppose a consumer advocacy group would like to conduct a survey to find the proportion p of consumers who bought the newest generation of an MP3 player were happy with their purchase. a) How large a sample n should they take to estimate p with 2% margin of error and 90% confidence? b) The advocacy group took a random sample of 1000 consumers who recently purchased this MP3 player and found that 400 were happy with their purchase. Find a 95% confidence interval for p. 4 decimal places lower limit = upper limit =
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