How many citizens would need to be sampled

Assignment Help Managerial Economics
Reference no: EM13988567

1. Many people think that a national lobby's successful fight against gun control legislation is reflecting the will of a minority of Americans. A previous random sample of 4000 citizens yielded 2250 that are in favor of gun control legislation. How many citizens would need to be sampled if a 90% confidence interval was desired to estimate the true proportion to within 5%?

Reference no: EM13988567

Questions Cloud

Write two slogan for the product : Take a product/service that you favor from all the following categories and write two slogan for the product: one Institutional and the other, a hard-sell slogan
How much actual power is dissipated : The corroded contacts in a lightbulb socket have 8.3Ω total resistance. How much actual power is dissipated by a 110 W (120 V) lightbulb screwed into this socket? Express your answer using two significant figures.
Find the squared-error joss bayes : Find the corresponding posterior distribution. Find the squared-error Joss Bayes estimate for () and express it as a weighted average of the maximum likelihood estimate for e and the mean of the prior pdf.
Identify the critical path and compute project duration : Create a PERT/CPM chart - Identify the critical path and compute project duration
How many citizens would need to be sampled : How many citizens would need to be sampled if a 90% confidence interval was desired to estimate the true proportion to within 5%?
How does pricing affect your own purchase decisions : oincidentally, CBS' "Sunday Morning" this morning had an interesting and pretty lengthy segment on sales and pricing
Breeding group of foxes is introduced into a protected area : A breeding group of foxes is introduced into a protected area, and the population growth follows a logistic pattern.  After t years the population of foxes is given by N=39.68/(.30+0.88^t)
What is stoichometry : What is stoichometry? Please help I'm confused.. can you also provide an example?
Reigning speaker of the house : On the morning of November 9, 1994-the d.ay after the electoral land.slide that returned Republicans to power in both branches of Congress-several key races were still in doubt. The most prominent was the Washington contest involving Democrat Tom ..

Reviews

Write a Review

Managerial Economics Questions & Answers

  Linear programming problem

Linear programming is a mathematical technique used to determine the optimal solutions to certain specific problems.

  Demand, supply and the market equilibrium

The article study for the demand, supply and the market equilibrium has been discussed. The article that has been review was published on August 2012.

  Supply and demand in professional sports

Draw the individual cost curves on one graph: marginal cost, average total cost, average ?xed cost, and average variable cost. Place costs ($) on the y-axis and quantity (Q) on the x-axis.

  Explain whether the firm will make economic profit

Explain whether the firm will make economic profit, In the short run and In the long run.

  Determine the official measure of the deficit

Determine the official measure of the deficit

  Coordination of the activities of a business

The organization and coordination of the activities of a business in order to achieve defined objectives.

  What is the profit maximizing number of gizmo widgets

What is the profit maximizing number of Gizmo Widgets that should be introduced? Be sure to account for the fact that Gizmo Widgets displace other kinds of widgets. Again, be sure you provide a brief explanation of your approach/reasoning.

  Determine autocorrelation function of a rectangular pulse

Prepare the sketch the Fourier transform of a rectangular pulse of amplitude 10 V and width 0.1 second that is centered on the zero time axis. Determine the autocorrelation function of a rectangular pulse.

  Managerial economics assignment

Carry out an analysis from the standpoint of both EMV and expected utility to establish Jeremiah’s best course of action, including a consideration of his bidding strategy with regard to the auction.

  Prepare a marginal cost analysed income statement for 2014

Prepare a Marginal Cost Analysed Income Statement for 2014 from the above data to identify total and individual medical procedure contributions and profits.

  Prepare a marginal cost analysed income statement for 2014

Prepare a Marginal Cost Analysed Income Statement for 2014 from the above data to identify total and individual medical procedure contributions and profits.

  Solve managerial economics questions

MGMT 3306: Solve the assignment problems, 1. Please answer the assignment questions in this docx file and save once you’re satisfied. Assignment 3covers the lectures slides for Week 6.

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