Sample to achieve this level of accuracy and confidence

Assignment Help Basic Statistics

Reference no: EM1321852

Sample Size Calculation using unknown population proportion and known margin of error.

A market research firm wants to estimate the level of recognition of a particular consumer product within a range of ± 3% with 95% confidence. How many individuals will it need to sample to achieve this level of accuracy and confidence?

Reference no: EM1321852

Questions Cloud

Program to perform the different arithmetic operations : Write down a Ruby program that continuously reads in the number, x, from the screen, and then computes and displays its: Factorial, if x is less than 15; Fourth power, if 15 35.

Anticipated capacity factor selling power will not escalate : The anticipated capacity factor is 70 percent also the price for selling power will not escalate. The operational life of the plant is 40 years also the salvage value negligible.

Explaining chi-square goodness-of-fit test : In chi-square goodness-of-fit test when there is close agreement between observed frequency and expected frequency, chi-square test value will be small.

Five dimensions of business environment : Select a company or organization with which you are familiar and determine which of the five dimensions of the business environment has the biggest impact (either positive or negative) on that company/organization.

Sample to achieve this level of accuracy and confidence : How many individuals will it need to sample to achieve this level of accuracy and confidence?

Minnesota is known for top-quality medical care : Demand graph to assist in explaining the increase in the price of chain saws after Hurricane Andrew. The mayo clinic in Minnesota is known for top-quality medical care.

Various codes regarding discretionary employee benefits : Analyze the various codes and acts regarding discretionary employee benefits and determine which code or law has had the greatest impact on the largest number of organizations. Explain your rationale.

Program to calculate the weight of students : We have run regression analysis along with the resulting estimated regression equation as follows:” the estimated weight equals (-180 pounds) plus (5 pounds times the height in inches).” Write down the program to calculate the weight of students.

Find the percentage of students who score between 550 & 650 : Calculate the percentage of students who score between 550 and 650.

User Account

All Pages