Find the minimum required sample size

Reference no: EM131373611

A company believes its market share is about 14%. Find the minimum required sample size for estimating the actual market share to within 5% with 90% confidence.

Reference no: EM131373611

Questions Cloud

Impact on the performance of the employees : Find out any five of the work ethics (preferably recently introduced ones) the manager thinks have had or will have positive effects/impact on the performance of the employees.

Construct a confidence interval for the average daily loss : Construct a 95% confidence interval for the average daily loss in this period. What decision should the potential partner make?

Find the minimum required sample size of accounts : Find the minimum required sample size of accounts of the Bechtel Corporation if the proportion of accounts in error is to be estimated to within 0.02 with 95% confidence. A rough guess of the proportion of accounts in error is 0.10.

Find the minimum required sample size : Find the minimum required sample size for estimating the average number of designer shirts sold per day to within 10 units with 90% confidence if the standard deviation of the number of shirts sold per day is about 50.

Find the minimum required sample size : A company believes its market share is about 14%. Find the minimum required sample size for estimating the actual market share to within 5% with 90% confidence.

Find the minimum required sample size : Find the minimum required sample size for estimating the average return on real estate investments to within 0.5% per year with 95% confidence

What is the minimum required sample size : From previous surveys it is known that the variance of executive salaries is about 40,000,000. What is the minimum required sample size?

How many test runs of the new volvo s40 model are required : How many test runs of the new Volvo S40 model are required for determining its average miles-per-gallon rating on the highway to within 2 miles per gallon with 95% confidence, if a guess is that the variance of the population of miles per gallon i..

Explain how concept of an index improve performance : Discuss the concept of an index and explain how they improve performance. Identify and discuss what the most practical and easily applied lesson you learned was. Also, discuss which lesson was the hardest for you to grasp? Why?

User Account

All Pages