(Answered) A farmer wants to test the effectiveness of a pest control

Economics

A farmer wants to test the effectiveness of a pest control method in allowing strawberry blooms to yield marketable strawberries. In a pilot study of a random sample of 100 blooms, 77 yield marketable strawberries. What sample size should be used for a future study to ensure that the margin of error is less than 5 percentage points, 95% of the time?

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M93131437
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Economics

A firm is considering the two mutually exclusive

A firm is considering the two mutually exclusive investments projects. Project Alpha requires an initial outlay of $600 and will return $160 per year for the next seven years; Project Beta requires an initial outlay of $ ...

A 1000 utility bond with 14 years remaining before maturity

A $1000 utility bond with 14 years remaining before maturity can now be purchased for $760. It pays interest of $20 each 6-month period. What rate of return is earned by purchasing the bond at the current market price pl ...

The researchers stated that there were no significant

The researchers stated that there were no significant differences in the baseline characteristics of the intervention and control groups. Are these groups heterogeneous or homogeneous at the beginning of the study? Why i ...

Betsy ross owns 921 shares in the hanson fabrics company

Betsy Ross owns 921 shares in the Hanson Fabrics Company. There are 16 directors to be elected, and 32,500 shares outstanding. The firm has adopted cumulative voting. a. How many total votes can be cast? (Do not round i ...

Has globalization increased or decreased social and

Has globalization increased or decreased social and economic disparities around the globe? Can you please provide details.

A worker earns 15 per hour at a plant and is told that only

A worker earns $15 per hour at a plant and is told that only 2.5% of all workers make a higher wage. If the wage is assumed to be normally distributed and the standard deviation of wage rates is $5 per hour, the average ...

Practical exercise 1assume the demand for teachers ld in a

Practical Exercise 1: Assume the demand for teachers (Ld) in a school is given by the following equation: W = 1700 - 2L D and the supply of teachers (L S ) depends on whether the school is a public school or private sch ...

Would it ever be rational for a firm to retain an employee

Would it ever be rational for a firm to retain an employee whose current marginal revenue product is less than her current wage? Explain.

A die is rolled four times what is the probability that the

A die is rolled four times. What is the probability that the sum of four numbers equals 13?

What type of exchange rate is associated with a higher

What type of exchange rate is associated with a higher probability of experiencing a crisis? Why?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert