Stste with probability that error estimate will not exceed

Reference no: EM13151353

Suppose that a highway patrol person wants to estimate the proportion of all drivers speed, and that she wants to be able to assert with probability of at least 0.95 that the error of her estimate will not exceed 0.07. How large a sample, n, will she require if she has no idea what the true proportion is.

Reference no: EM13151353

Questions Cloud

Calculate the final temperature : Calculate the final temperature that results when a 13.0 -g sample of water at 23.1C absorbs 870 J of heat.

Which is matching to obligate anaerobes : which is matching to obligate anaerobes?

Food inventory turnover ratio : A Club has food sales of $4,000,000 and a food cost of 40%. The club's current ratio is 2, its food inventoryturnover ratio is 16, and its average collection period is 45 days. assume a year has 360 days.

Depreciation deduction for the computer system : Compute the depreciation deduction for the computer system in 2006 and the cost recovery recapture. Assume that in 2004, Elaine had instead expensed under Section 179 the cost of the computer system. Compute the cost recovery recapture in 2006.

Stste with probability that error estimate will not exceed : Assert with probability of at least 0.95 that the error of her estimate will not exceed 0.07. How large a sample, n, will she require if she has no idea what the true proportion is.

Considered product cost for first year of coverage : A manufacturing company prepays its insurance coverage for a three-year period. The premium for three years is $2,700 and is paid at the beginning of the first year. 80% of the premium applies to the factory and 20% applies to administrative. What..

Establishing the standard hours allowed for output of unit : To measure controllable production inefficiencies, which of the following is the best basis for a company to use in establishing the standard hours allowed for the output of one unit of product?

How many liters of h2 at 23.0c and 733mm hg are released : How many liters of H2 at 23.0C and 733mm Hg are released when 1.98g of Na reacts with unlimited water?

Year end retained earnings balance : Also, during the current year, the company earned net income of $12,000 and declared cash dividends of $5,000. Compute the year end retained earnings balance

User Account

All Pages