(Answered) A student of business is interested in estimating a 95

Statistics

A student of business is interested in estimating a 95% confidence interval for the proportion of students who bring laptops to campus. He wishes a precise estimate and is willing to draw a large sample that will keep the sample proportion within 0.08 points of the population proportion. What is the minimum sample size required by this student, given that a prior estimate of the population proportion is 0.51?

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M92726365
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

A random sample of 40 hotel reviews is drawn from a large

A random sample of 40 hotel reviews is drawn from a large population of hotel customers. It's known that 30% of the population left the hotel 1 star, 20% left 2 stars, 20% left 3 stars, and 30% left 4 stars. Give the hot ...

Ganad and equity risk premiumsnbspmarianbspgonzalez ganados

Ganad and Equity Risk Premiums. Maria? Gonzalez, Ganado's Chief Financial? Officer, estimates the? risk-free rate to be 3.70 %, the? company's credit risk premium is 4.00%, the domestic beta is estimated at 0.93?, the i ...

How can a graph or chart of data help you understand the

How can a graph or chart of data help you understand the results? What is a frequency table? Describe an example where a frequency table can be used in life.

If the coefficient of determination is 0233 what percentage

If the coefficient of determination is 0.233, what percentage of the data about the regression line is explained? How do I go about solving this?

What are some examples of marketing activities that are

What are some examples of "marketing" activities that are associated with the Summer Olympics? How does global marketing and the use of new digital marketing techniques facilitate marketing activities at the Olympics in ...

A manufacture makes makes two models of an item model 1

A manufacture makes makes two models of an item. Model 1 which accounts for 89% of unit sales, and model 2, which accounts for 11% of unit sales. Because of defects the manufacture has to replace (or exchange) 11% of its ...

The blenders produced by a company have a normally

The blenders produced by a company have a normally distributed life span with a mean of 8.2 years and a standard deviation of 1.3 years. What warranty should be provided so that the company is replacing at most 10% of th ...

An egg farmer wanted to determine if increasing the amount

An egg farmer wanted to determine if increasing the amount of time the lights were on in his hand house would increase egg production. For example of 8 chickens he determined the production before and after increasing th ...

Perform a conversion to compare costs between the two

Perform a conversion to compare costs between the two programs below, to find out which is the more expensive program. Program A: estimated cost in constant FY13 dollars: $16M Program B: estimated cost in constant FY19 d ...

For the pastnbsp110nbspyears a certain state

For the past 110 ?years, a certain state suffered 28 direct hits from major? (category 3 to? 5) hurricanes. Assume that this was typical and the number of hits per year follows a Poisson distribution. Complete parts? (a) ...

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 Statistics and Probability Expert