You work for a marketing firm that has a large client in the automobile industry. You havebeen asked to estimate the proportion of households in Chicago that have two or morevehicles. You have been assigned to gather a random sample that could be used toestimate this proportion to within a 0.04 margin of error at a 80% level of confidence.a) With no prior research, what sample size should you gather in order to obtain a 0.04margin of error? Round your answer up to the nearest whole number.n =householdsb) Your firm has decided that your plan is too expensive, and they wish to reduce thesample size required. You conduct a small preliminary sample, and you obtain a sampleproportion of p= 0.23. Using this new information. what sample size should you gather inorder to obtain a 0.04 margin of error? Round your answer up to the nearest whole number.n =households> Next QuestionEscFnLockGalaxy S22 UltraF1a4F24+F3#3XF4J$4F5Gслоо%+F6590F7A6X:y:771F8635526,24,1∞0730 O23 C90,73,40,Regressiony = 15.03F7

a)Suppose p is the true population proportion all households in City C that have two or more…

Answered: You work for a marketing firm that has…

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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1. If you wanted to conduct a survey to determine the mean shoe size of American adults, how could you collect the data to ensure that you had a simple random sample?
You work for a marketing firm that has a large client in the automobile industry. You have been asked to estimate the proportion of households in Chicago that have two or more vehicles. You have been assigned to gather a random sample that could be used to estimate this proportion to within a 0.03 margin of error at a 95% level of confidence. a) With no prior research, what sample size should you gather in order to obtain a 0.03 margin of error? Round your answer up to the nearest whole number. n = households b) Your firm has decided that your plan is too expensive, and they wish to reduce the sample size required. You conduct a small preliminary sample, and you obtain a sample proportion of p= 0.23. Using this new information. what sample size should you gather in order to obtain a 0.03 margin of error? Round your answer up to the nearest whole number. n = households Question Help: Video Message instructor Submit Question
You work for a marketing firm that has a large client in the automobile industry. You have been asked to estimate the proportion of households in Chicago that have two or more vehicles. You have been assigned to gather a random sample that could be used to estimate this proportion to within a 0.02 margin of error at a 90% level of confidence. a) With no prior research, what sample size should you gather in order to obtain a 0.02 margin of error? Round your answer up to the nearest whole number. n = households b) Your firm has decided that your plan is too expensive, and they wish to reduce the sample size required. You conduct a small preliminary sample, and you obtain a sample proportion of ˆp=0.22p^=0.22 . Using this new information. what sample size should you gather in order to obtain a 0.02 margin of error? Round your answer up to the nearest whole number. n = households
You may need to use the appropriate appendix table or technology to answer this question. In the past, 19% of all homes with a stay-at-home parent, the father is the stay-at-home parent. An independent research firm has been charged with conducting a sample survey to obtain more current information. (a) What sample size is needed if the research firm's goal is to estimate the current proportion of homes with a stay-at-home parent in which the father is the stay-at-home parent with a margin of error of 0.03? Use a 95% confidence level. (Round your answer up to the nearest whole number.) (b) Repeat part (a) using a 99% confidence level. (Round your answer up to the nearest whole number.) Need Help? Read It option esc ! 1 T Q A Z 96 2 W S X 88 command Watch It O #3 E Master It a D C $ 4 R F ~ ♫ % 5 V T G m MA 6 MacBook Pro B Y H & 7 U N D W * 8 J P 1 T M ( K 1 & O **** ) O 1 H L cricut P V command T { x + 11 ? option } រ dele
4. A survey of 499 women for the American Orthopedic Foot and Ankle Society revealed that 38% wear flats to work. a. Find 99% confidence interval for the population proportion of women who wear flats to work.
You work for a marketing firm that has a large client in the automobile industry. You have been asked to estimate the proportion of households in Chicago that have two or more vehicles. You have been assigned to gather a random sample that could be used to estimate this proportion to within a 0.02 margin of error at a 95% level of confidence. a) With no prior research, what sample size should you gather in order to obtain a 0.02 margin of error? Round your answer up to the nearest whole number. n = ____ households b) Your firm has decided that your plan is too expensive, and they wish to reduce the sample size required. You conduct a small preliminary sample, and you obtain a sample proportion of ˆp=0.225p . Using this new information. what sample size should you gather in order to obtain a 0.02 margin of error? Round your answer up to the nearest whole number. n = ____ households
According to previous studies, 12% of the U.S. population is left-handed. Not knowing this, a high school student claims that the percentage of left-handed people in the U.S. is 14%. The student is going to take a random sample of 1650 people in the U.S. to try to gather evidence to support the claim. Let p be the proportion of left-handed people in the sample. Answer the following. (If necessary, consult a list of formulas.) ✔ (a) Find the mean of p. P. 0 (b) Find the standard deviation of p. (c) Compute an approximation for P (P<0.14), which is the probability that there will be 14% or fewer left-handed people in the sample. Round your answer to four decimal places. X
You work for a marketing firm that has a large client in the automobile industry. You have been asked to estimate the proportion of households in Chicago that have two or more vehicles. You have been assigned to gather a random sample that could be used to estimate this proportion to within a 0.04 margin of error at a 95% level of confidence. a) With no prior research, what sample size should you gather in order to obtain a 0.04 margin of error? Round your answer up to the nearest whole number. n = households b) Your firm has decided that your plan is too expensive, and they wish to reduce the sample size required. You conduct a small preliminary sample, and you obtain a sample proportion of p = 0.23 . Using this new information. what sample size should you gather in order to obtain a 0.04 margin of error? Round your answer up to the nearest whole number. households
You work for a marketing firm that has a large client in the automobile industry. You have been asked to estimate the proportion of households in Chicago that have two or more vehicles. You have been assigned to gather a random sample that could be used to estimate this proportion to within a 0.02 margin of error at a 80% level of confidence. a) With no prior research, what sample size should you gather in order to obtain a 0.02 margin of error? Round your answer up to the nearest whole number. n= households b) Your firm has decided that your plan is too expensive, and they wish to reduce the sample size required. You conduct a small preliminary sample, and you obtain a sample proportion of p = 0.2. Using this new information. what sample size should you gather in order to obtain a 0.02 margin of error? Round your answer up to the nearest whole number. n = households
What is the Sample?
You work for a marketing firm that has a large client in the automobile industry. You have been asked to estimate the proportion of households in Chicago that have two or more vehicles. You have been assigned to gather a random sample that could be used to estimate this proportion to within a 0.04 margin of error at a 90% level of confidence. a) With no prior research, what sample size should you gather in order to obtain a 0.04 margin of error? Round your answer up to the nearest whole number. n = _________ households b) Your firm has decided that your plan is too expensive, and they wish to reduce the sample size required. You conduct a small preliminary sample, and you obtain a sample proportion of p^=0.22 . Using this new information. what sample size should you gather in order to obtain a 0.04 margin of error? Round your answer up to the nearest whole number. n = _________ households

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