A company manufacturing CDs is working on a new technology. A random sample of 603 Internet users were asked: "As you ma

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

A company manufacturing CDs is working on a new technology. A random sample of 603 Internet users were asked: "As you ma

Post by answerhappygod »

A Company Manufacturing Cds Is Working On A New Technology A Random Sample Of 603 Internet Users Were Asked As You Ma 1
A Company Manufacturing Cds Is Working On A New Technology A Random Sample Of 603 Internet Users Were Asked As You Ma 1 (15.52 KiB) Viewed 25 times
A company manufacturing CDs is working on a new technology. A random sample of 603 Internet users were asked: "As you may know, some CDs are being manufactured so that you can only make one copy of the CD after you purchase it. Would you buy a CD with this technology, or would you refuse to buy it even if it was one you would normally buy?" Of these users, 57% responded that they would buy the CD. Complete parts a and b below. a) Create a 95% confidence interval for this percentage. (53.1 %, 61.0 %) (Round to three decimal places as needed. Use ascending order.) b) If the company wants to cut the margin of error by two thirds, how many users must they survey? users. The company must survey a total of (Type a whole number.)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply