Exercise 6 Suppose that a market research firm is hired to estimate the percent of adults living in a large city who hav

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Exercise 6 Suppose that a market research firm is hired to estimate the percent of adults living in a large city who hav

Post by answerhappygod »

Exercise 6 Suppose That A Market Research Firm Is Hired To Estimate The Percent Of Adults Living In A Large City Who Hav 1
Exercise 6 Suppose That A Market Research Firm Is Hired To Estimate The Percent Of Adults Living In A Large City Who Hav 1 (16.84 KiB) Viewed 76 times
Exercise 6 Suppose that a market research firm is hired to estimate the percent of adults living in a large city who have cell phones. Five hundred randomly selected adult residents in this city are surveyed to determine whether they have cell phones. Of the 500 people sampled, 421 responded yes - they own cell phones. Using a 95% confidence level, compute a confidence interval estimate for the true proportion of adult residents of this city who have cell phones.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”