Major metropolitan areas

Assignment Help Business Management
Reference no: EM131460560

Newark Broadcasting Company (NBC), trying to decide on their own strategy, conducted a poll in major metropolitan areas and found that 39 households were likely to purchase an HDTV within the next 18 months, while the remaining 161 were not likely to purchase an HDTV within the next 18 months.

How large would the sample have to be in order for the margin of error to be no more than 3%? Assume that the sample proportion calculated calculated from the above data is the population proportion (assume alpha=0.05).

Show as much work as you can in the text box below -- be sure to indicate the recommended sample size.

Reference no: EM131460560

Questions Cloud

What is the height of the given density function : A random variable X follows the continuous uniform distribution with a lower bound of - 2 and an upper bound of 4. What is the height of the density function.
Describe the processes the organisation : Describe the processes the organisation has in place that promote, monitor, review, action its value commitments and manage risk
Customers is delinquent on his accounts payable balance : Calculating Number of Periods One of your customers is delinquent on his accounts payable balance.
Calculate mean and standard deviation of the distribution : A random variable X follows the continuous uniform distribution with a lower lim it of 10 and an upper lim it of 30.
Major metropolitan areas : Newark Broadcasting Company (NBC), trying to decide on their own strategy, conducted a poll in major metropolitan areas.
Prepare a paper explaining critical issues in policing : Prepare a paper explaining critical issues in policing. Issues of homeland security and law enforcement relationships.Explain how the issue is relevant to paper
Considering the purchase of a new cookie oven : Mom’s Cookies, Inc., is considering the purchase of a new cookie oven. What will the cash flows for this project be?
Substantial investment in new technology : NBC's strategy is to proceed with a substantial investment in new technology if their poll results show that over 15% of the households
Find the standard deviation of correct answers : Find the standard deviation of correct answers to this test from just guessing. Do your calculations with many decimal places (at least 4).

Reviews

Write a Review

Business Management Questions & Answers

  Measure the success of the company

How do you plan to measure the success of the company in that country? (Like profits, revenue, market share, customer reviews etc)

  Calculate the price elasticity of demand

Using the midpoint method (show your work), calculate the price elasticity of demand when the price of barrel of gosum berries rises from $10 to $20. What does this estimate imply about the price elasticity of demand of gosum berries?

  Necessary to define a primary key

Is it necessary to define a primary key when joining tables? Provide a visual example of how a primary and foreign key is used to join tables?

  Explain organisational culture

Explain organisational culture. Discuss the management challenges associated with changing the culture in an organisation using examples

  Relationship characteristics impact motivational strategies

How do variances in task and relationship characteristics impact motivational strategies?

  Suggesting a profit ceiling to the board of directors

Consider the scenario on pp. 299-300 of the text (What to Do? - No Limits, Ltd.) in which you, an upper level manager, are considering suggesting a profit ceiling to the Board of Directors. Read through the scenario and consider everything you've lea..

  Write an original executive summary of a book

Write an Original Executive Summary of a book YOU HAVE NOT READ BEFORE, it must be over 125 pages long, chosen from books that cover any of the management topics.

  Article and integrate course concepts

You will write up a review of the article and integrate course concepts into your review. Please make sure you both summarize the article and discuss how it relates to the course.

  Explain the overall financial objective of the business

Explain the overall financial objective of the business, provide an overview of the budget and explain how the budget translates to expense allocations for the team.

  Expalin the leadership in teams

A team-building strategy that you will prefer to use to lead an effective and successful team from the front and Steps that can be taken by you to empower your team members to make decisions to solve complex organizational problems.

  Provide a brief focus statement about your paper

Provide a brief focus statement about your paper and what the reader can expect. Concurrent with your description of the country above, describe its place in the global economy.

  Extensive use of the services of freight forwarders

Discuss the reasons why many exporters make extensive use of the services of freight forwarders.- Discuss the implications for the international marketer of the trend towards cross-border retailing.

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