Suppose your boss wants you to obtain a sample to estimate a population proportion. At this point in time,you have no reasonable estimate for the value of the population proportion. You would like to be 99%confident that your estimate is within 5% (0.05) of the true population proportion. What is the minimumsample size required?IMPORTANT: Use a critical value that you found with your calculator (not from a table), and round it to3 places after the decimal point before you plug it into a formula and perform your calculations. Donot round-off any other intermediate results.n-

Answered: Image /qna-images/answer/93dc197f-33bc-4936-99f5-7644dba3ac73.jpg

Answered: Suppose your boss wants you to obtain a…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

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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For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding.In a marketing survey, a random sample of 990 supermarket shoppers revealed that 260 always stock up on an item when they find that item at a real bargain price. (a) Let p represent the proportion of all supermarket shoppers who always stock up on an item when they find a real bargain. Find a point estimate for p. (Enter a number. Round your answer to four decimal places.)________________ (b) Find a 95% confidence interval for p. (For each answer, enter a number. Round your answers to three decimal places.)lower limit _____________ upper limit _____________
For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding.In a marketing survey, a random sample of 1000 supermarket shoppers revealed that 272 always stock up on an item when they find that item at a real bargain price. (a) Let p represent the proportion of all supermarket shoppers who always stock up on an item when they find a real bargain. Find a point estimate for p. (Round your answer to four decimal places.)(b) Find a 95% confidence interval for p. (Round your answers to three decimal places.) lower limit upper limit What is the margin of error based on a 95% confidence interval? (Round your answer to three decimal places.)
Insurance companies are interested in knowing the population proportion of drivers who always buckle up before riding in a car.When designing a study to determine this population proportion, what is the minimum number of drivers you would need to survey to be 95% confident that the population proportion is estimated to within 0.05?
What percent of our campus is female? If no preliminary study is made to estimate, how large a sample is needed be 99% sure that the error will be no more than 0.03 from?
For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. A random sample of 5616 physicians in Colorado showed that 3278 provided at least some charity care (i.e., treated poor people at no cost). A USE SALT (a) Let p represent the proportion of all Colorado physicians who provide some charity care. Find a point estimate for p. (Round your answer to four decimal places.) 0.5837 (b) Find a 99% confidence interval for p. (Round your answers to three decimal places.) lower limit 0.0617 upper limit
f you want to be 99% confident of estimating the population proportion to within a sampling error of ±0.05 and there is historical evidence that the population proportion is approximately 0.42, what sample size is needed?
On average, a sample of n = 36 scores will provide a better estimate of the population mean than a sample of n = 49 scores from the same population.
For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding.In a marketing survey, a random sample of 982 supermarket shoppers revealed that 262 always stock up on an item when they find that item at a real bargain price. (a) Let p represent the proportion of all supermarket shoppers who always stock up on an item when they find a real bargain. Find a point estimate for p. (Round your answer to four decimal places.)(b) Find a 95% confidence interval for p. (Round your answers to three decimal places.) lower limit upper limit
For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. A random sample of medical files is used to estimate the proportion p of all people who have blood type B. In USE SALT (a) If you have no preliminary estimate for p, how many medical files should you include in a random sample in order to be 85% sure that the point estimate p will be within a distance of 0.06 from p? Find the critical value for 85% confidence level, zo 85, and find the specified maximal error of estimate, E. (Round your answers to two decimal places.) Z0.85 E = Kour n = files (b) Answer part (a) if you use the preliminary estimate that about 10 out of 90 people have blood type B. (Round your proportions to three decimal places and your sample size up to the nearest whole number.) p = 1 - p = n = medical files
For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding.In a marketing survey, a random sample of 986 supermarket shoppers revealed that 268 always stock up on an item when they find that item at a real bargain price. (a) Let p represent the proportion of all supermarket shoppers who always stock up on an item when they find a real bargain. Find a point estimate for p. (Round your answer to four decimal places.)(b) Find a 95% confidence interval for p. (Round your answers to three decimal places.) lower limit upper limit What is the margin of error based on a 95% confidence interval? (Round your answer to three decimal places.)
A sample of students is to be selected to estimate the proportion who have recieved a medical examination during the past year. The survey found that x =567 students were examined during the past year. Construct a 95% interval estimate of the population proportion if the sample size was n=700
A recent study indicated that 24% of the 150 women over age 55 in the study were widows. Round up your answers to the next whole number for the following questions. How large a sample must you take to be 90% confident that the estimate is within 0.02 of the true proportion of women over age 55 who are widows?

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