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In a poll conducted by the Nanos Research on May 1, 2011, 38.7% of n = 702 decided voters supported the Conservative.
(a) Find a 95% confidence interval for p, the proportion supporting the Conservative. What is the margin of error?
(b) If we need an estimate of a proportion to be within 0.037 (i.e., 3.7%) at the level of confidence 95% (i.e., 19 times out of 20), how large should the sample size be?
it is estimated that 10 percent of those taking the quantitative methods portion of the cpa examination fail that
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The President of the American Insurance Institute wants to compare the yearly costs of auto insurance offered by two leading companies.
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A survey of 400 persons showed that 54.3% were in favor of product A. Test whether a majority were in favor of product A using a .05 significance level
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