Find how large sample be necessary to estimate population

Assignment Help Basic Statistics
Reference no: EM13126184

In a survey, 200 people were asked to identify their major source of news information; 110 stated that their major source was television news.

a. Construct a 95% confidence interval for the proportion of people in the population who consider television their major source of news information.

b. Determine how large a sample would be necessary to estimate the population proportion with a margin of error of .05 at 95% confidence.

Reference no: EM13126184

Questions Cloud

Refinance for the remaining years : If we refinance for the remaining 10 years at 7% how much interest expense will we save over the remainder of the loan?
Prepare garfield journal entries for the purchase : Garfield Company purchased, as an available-for-sale securities, $80,000 of the 9%, 5-year bonds of Chester Corporation for $74,086, which provides an 11% return.
Sales messages : If everyone writes a brief summary on their source on how it can affect sales messages. Think selling things to people and how to NOT to offend them and also what are some strategies to motivate them.
Permutations and orders of elements : Let a be the permutation (1 2 3) in A_4. What is the order of the element (3, 7, a) in the group U(10) direct product Z_42 direct product A_4.
Find how large sample be necessary to estimate population : Determine how large a sample would be necessary to estimate the population proportion with a margin of error of .05 at 95% confidence.
Create appropriate journal entries to remove equipment : Georgia Company purchased equipment in 2001 for $90,000 and estimated a $6,000 salvage value at the end of the equipment's 10-year useful life. Create the appropriate journal entries to remove the equipment from the books of Georgia Company on Ma..
Explain important information about thermochemistry : Important information about Thermochemistry, Glauber's salt, sodium sulfate decahydrate (Na2SO4 * 10H2O) undergoes a phase transition (that is melting or freezing) at a convenient temp of 32 degrees C
Compute the current price of the bonds : Barry's Steroids Comapny has $1,000 par value bonds outstanding at 12 percent interest. The bonds will mature in 50 years. Compute the current price of the bonds if the percent yield to maturity is:
Calculate the number of sweatshirts henry hoodies : Calculate the number of sweatshirts Henry's Hoodies must sell to break even. Round your answer to the nearest whole number.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Defective picture tube in the latest shipment

A defective picture tube was discovered in the latest shipment. What is the probability that it came from Tyson Wholesale?

  Normally distributed random variable problem

X is a normally distributed random variable with mean 10 and variance 24. a. Find P(X bigger 14) b. find P(8 smaller X smaller 20)

  Probability of a high school basketball games

The winning team's score in 13 high school basketball games was recorded. If the sample mean is 54.3 points and the sample standard deviation is 11.0 points, find the 98% confidence interval of the true mean.

  Proportion and probability of household incomes

According to the U.S. Census Bureau, the mean household income in the United States in 2000 was $63,091 and the median household income was $50,054.

  Category of decision rule contain maximax decision rule

Category of decision rule which contains maximax decision rule is?

  Measurement pf a sample

Any value which is based on having measured a sample is called:

  Percentage of students having sat score

The sat scores attainted by the students in nyc are approximately normally distributed with a mean of 500 and a standard deviation of 80. Find the percentage of students who score less than 700.

  Department store sales-sample distribution analysis

A random sample of 81 credit sales in a department store showed an average sale of $68.00. From past data, it is known that the standard deviation of the population is $27.00.

  Anova for location for magazines

Emma's On-the-Go, a large convenience store, has to decide where in the store to put its magazine rack. The manager at Emma's experiments with a selection of different locations, choosing a sample of days at each location.

  Weekly demand for a product

The weekly demand for a product follows a normal curve with an average of 1000 units and a standard deviation of 200 units. In how many weeks during a typical 52-week year would be above 800 units?

  Determining anova-regression

What type of situation would I be able to understand how to use regression as a key driver as an influence in sales or other outcomes?

  Conduct a matched pairs t-test

Conduct a matched pairs t-test to see if the differences in locations is significant - The air in poultry-processing plants often contains fungus spores.

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