The 2003 Statistical Abstract of the United States reported the percentage of people 18 years of age and older who smoke. Suppose that a study designed to collect new data on smokers and nonsmokers uses a preliminary estimate of the proportion who smoke of .30. a. How large a sample should be taken to estimate the proportion of smokers in the population with a margin of error of .02? Use 95% confidence. Remove all commas from your answer before submitting. Round your answer to next whole number. b. Assume that the study uses your sample size recommendation in part (a) and finds 520 smokers. What is the point estimate of the proportion of smokers in the population? (to 4 decimals) c. What is the 95% confidence interval for the proportion of smokers in the population? (to 4 decimals)
The 2003 Statistical Abstract of the United States reported the percentage of people 18 years of age and older who smoke. Suppose that a study designed to collect new data on smokers and nonsmokers uses a preliminary estimate of the proportion who smoke of .30. a. How large a sample should be taken to estimate the proportion of smokers in the population with a margin of error of .02? Use 95% confidence. Remove all commas from your answer before submitting. Round your answer to next whole number. b. Assume that the study uses your sample size recommendation in part (a) and finds 520 smokers. What is the point estimate of the proportion of smokers in the population? (to 4 decimals) c. What is the 95% confidence interval for the proportion of smokers in the population? (to 4 decimals)
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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