Explain how large a sample should be taken to estimate

Assignment Help Business Management
Reference no: EM13108969

Q. A car insurance industry would like to find out the proportion or accident claims covered by the industry. According to a preliminary estimate 60% of the claims are covered. The preliminary n is 62. Explain how large a sample should be taken to estimate the proportion of accident claims covered by the industry if we want to be 98% confident that the sample percentage is w/in (+-)3% of the accidents covered by the insurance industry?

Reference no: EM13108969

Select a data source from the inter-university consortium

Select a data source from the Inter-University Consortium for Political and Social Research (ICPSR) data archive and select three variables from the dataset that might be usef

Triple bottom line of economic

Sustainability is often called a Triple Bottom Line of economic, environmental, social performance. Note that sustainability, and particularly the social dimension, is a con

Explain how can this information help you communicate

Explain your reasoning. Of all the articles you found on the Web site for the World Advertising Research Centre (WARC) at http://www.warc.com/, determine which was the most

Main concerns that mnc

1) What are two main concerns that MNCs should evaluate when doing business in Russia? 2) How can MNCs protect themselves from government action? 3) What proactive political s

Research the elements of business

Using your current work organization (or an organization of interest) and a second organization in the same industry as the subject matter, research the elements of business

Why is it important to regain the confidence of a customer

In promoting the value of letter-writing, a well-known columnist recently wrote, "To trust confidential information to e-mail is to be a rube."  - What did he mean? Do you a

Conducting a stakeholder analysis

Examine Box 3.0 - Conducting a Stakeholder Analysis. Choose one (1) policy issue in the U.S. and generate a list of at least five (5) stakeholders who affect or are affected

Write an introductory statement of the company

Write an introductory statement of the company including but not limited to the type of the company, the location, the industry in which it competes, and the organizational


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd