The manager of a restaurant plans to survey a random sample of customers to estimate the proportion of customers who would return within a week if given a coupon for a free dessert to use on their next visit. A similar coupon was given last year, and 30 percent of the customers who were given the coupon returned within a week. The manager will use the observed proportion from last year as a preliminary estimate of the population proportion and wants the margin of error to be at most 0.04 at a 90 percent level of confidence. Of the following, which is the least number of customers who should be surveyed such that the estimate of the margin of error of the 90 percent confidence interval will be no greater than 0.04? (A) (B D 15 260 310 370 610
The manager of a restaurant plans to survey a random sample of customers to estimate the proportion of customers who would return within a week if given a coupon for a free dessert to use on their next visit. A similar coupon was given last year, and 30 percent of the customers who were given the coupon returned within a week. The manager will use the observed proportion from last year as a preliminary estimate of the population proportion and wants the margin of error to be at most 0.04 at a 90 percent level of confidence. Of the following, which is the least number of customers who should be surveyed such that the estimate of the margin of error of the 90 percent confidence interval will be no greater than 0.04? (A) (B D 15 260 310 370 610
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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Transcribed Image Text:The manager of a restaurant plans to survey a random sample of customers to estimate the
proportion of customers who would return within a week if given a coupon for a free dessert to use on
their next visit. A similar coupon was given last year, and 30 percent of the customers who were given
the coupon returned within a week. The manager will use the observed proportion from last year as a
preliminary estimate of the population proportion and wants the margin of error to be at most 0.04 at
a 90 percent level of confidence.
Of the following, which is the least number of customers who should be surveyed such that the
estimate of the margin of error of the 90 percent confidence interval will be no greater than 0.04?
A
B
C
D
E
15
260
310
370
610
<
>
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