I need to see a step-by-step process to find the correct answer because I am not understanding how this is done by looki

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

I need to see a step-by-step process to find the correct answer because I am not understanding how this is done by looki

Post by answerhappygod »

I need to see a step-by-step process to find the correct answerbecause I am not understanding how this is done by looking atothers' work on here.
A study conducted several years ago reported that 23 percent ofpublic accountants changed companies within 2 years. The AmericanInstitute of CPAs would like to update the study. They would liketo estimate the population proportion of public accountants whochanged companies within 2 years with a margin of error of 2% and a98% level of confidence. (Use t Distribution Table & zDistribution Table.) (Round your z-value to 2 decimals. Round upyour answers to the next whole number.)
Required:
a. To update this study, the files of how many publicaccountants should be studied?
b. How many public accountants should be contacted if noprevious estimates of the population proportion are available?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply