Interested in the homeownership rate

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You are interested in the homeownership rate in Southern California, which is the proportion of householders who own at least a home. The area's homeownership rate is believed to be around 57%. How many householders would you survey if you want to construct a 90% confidence interval such that the maximum likely sampling error is no more than 5%? Hint: Round off the final result to a whole number

Reference no: EM131139683

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Interested in the homeownership rate : You are interested in the homeownership rate in Southern California, which is the proportion of householders who own at least a home. The area's homeownership rate is believed to be around 57%. How many householders would you survey if you want to co..

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