Suppose a consumer advocacy group would like to conduct a survey to find the proportion p of consumers who bough the new

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

Suppose a consumer advocacy group would like to conduct a survey to find the proportion p of consumers who bough the new

Post by answerhappygod »

Suppose A Consumer Advocacy Group Would Like To Conduct A Survey To Find The Proportion P Of Consumers Who Bough The New 1
Suppose A Consumer Advocacy Group Would Like To Conduct A Survey To Find The Proportion P Of Consumers Who Bough The New 1 (19.35 KiB) Viewed 163 times
Suppose a consumer advocacy group would like to conduct a survey to find the proportion p of consumers who bough the newest generation of an MP3 player were happy with their purchase. a) How large a sample n should they take to estimate p with 2% margin of error and 90% confidence? b) The advocacy group took a random sample of 1000 consumers who recently purchased this MP3 player and round that 400 were happy with their purchase Find a 95% confidence interval for p 4 decimal places lower limit= upper limit
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply