We want to estimate the proportion of defective parts produced by a machine and the estimation will be through a two-sided confidence interval and simple random sampling with replacement. a) Assuming a confidence level of 90% and a margin of error of 3%, what is the required sample size? (Assume maximum variance). b) Assuming a 90% confidence level and a 3% estimation error, what is the required sample size? (Assume maximum variance).
We want to estimate the proportion of defective parts produced by a machine and the estimation will be through a two-sided confidence interval and simple random sampling with replacement. a) Assuming a confidence level of 90% and a margin of error of 3%, what is the required sample size? (Assume maximum variance). b) Assuming a 90% confidence level and a 3% estimation error, what is the required sample size? (Assume maximum variance).
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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We want to estimate the proportion of defective parts produced by a machine and the estimation will be through a two-sided confidence interval and simple random sampling with replacement.
a) Assuming a confidence level of 90% and a margin of error of 3%, what is the required sample size? (Assume maximum variance).
b) Assuming a 90% confidence level and a 3% estimation error, what is the required sample size? (Assume maximum variance).
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