One of your employees has suggested that your company develop a new product. You decide to take a random sample of your
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One of your employees has suggested that your company develop a new product. You decide to take a random sample of your
One of your employees has suggested that your company develop a new product. You decide to take a random sample of your customers and ask whether there is interest in the new product. The response is on a I to 5 scale, with 1 indicating definitely would not purchase;" 2, "probably would not purchase;" 3, "not sure;" 4. "probably would purchase;" and 5, "definitely would purchase." For an initial analysis, you will record the responses 1, 2 and 3 as No and 4 and 5 as Yes. What sample size would you use if you wanted the 90% margin of error to be 0.02 or less? Provide your answer as a whole number. Give the minimum possible value of n. 15 Incorrect
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