What sample size should be used for a simple random sample

Assignment Help Basic Statistics
Reference no: EM131800739

Assume that previous fast-food research has shown that 80 percent of the consumers like curly fries.

The researcher wishes to have a standard error of 6 percent or less and be 95 percent confident of an estimate to be made about curly French fry consumption from a survey.

What sample size should be used for a simple random sample?

Reference no: EM131800739

Questions Cloud

Distinguish between population and sample distributions : Distinguish among population, sample, and sampling distributions. Why is it important to distinguish among these concepts?
Calculate the required ratios on the ratios worksheet : Calculate the required ratios on the Ratios worksheet for the two years 2010 and 2009 only. The ratios should be calculated on that sheet
What is the finite population correction factor : What is the finite population correction factor? Why is it used? When should it be used?
Prepare a purchases budget for bags of dog food : Prepare a purchases budget for bags of dog food for the second quarter of this year for Top Dog. How many bags of dog food did Top Dog expect to sell in March?
What sample size should be used for a simple random sample : Assume that previous fast-food research has shown that 80 percent of the consumers like curly fries.
Calculate cost of goods sold for may and ending inventory : Calculate the cost of goods sold for May and ending inventory at May 31 using first-in, first-out, last-in, first-out, and the weighted-average cost methods.
Explain why the npv of a relatively long-term project : Explain why the NPV of a relatively long-term project, defined as one for which a high percentage of its cash flows are expected in the distant future
Prepare a sales budget for the last three months of the year : Prepare a sales budget for the last 3 months of the year, including estimated collections of accounts receivable.
Amount of income subject to tax : A tax deduction is an item/ expense that's subtracted from the gross income to reduce the amount of income subject to tax and the actual amount.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Says a difference in proportions

If you have a claim that says a difference in proportions is greater than 0, but the confidence interval test includes 0, do you reject or accept the claim?

  What is the probability of a defect

Units with weights less than 5.8 or greater than 6.2 ounces will be classified as defects. What is the probability of a defect (to 4 decimals)?

  Compute the mean diameter of sand dollars

Biology and Environmental Science Tourism officials in Palm Beach County, Florida, claim that the mean diameter of sand dollars found on Delray Beach is 4.25.

  Jury list contains the names of all individuals

Jurors and gender A jury list contains the names of all individuals who may be called for jury duty. The proportion of the available jurors on the list who are women is 0.53. If 40 people are selected to serve as candidates for being picked on the..

  Test the research hypothesis at the .01 level

test the research hypothesis at the .01 level

  Problem related to illegal drug to enhance performance

It is estimated that 2% of the athletes competing in a large tournament are users of an illegal drug to enhance performance. The test for this drug is 95% accurate. What is the probability that an athlete who tests positive is actually a user?

  Using a 05 test to see if there is a significant

ten observations were selected from each of 3 populations and an analysis of variance was performed on the data. the

  Use of statistical tools and surveys in business

Describe ways in which the use of MS Excel as a tool for interpreting data can be used by a manager of an organization.

  Travel to kyrgyzstan

Your budget allows you to spend 90,000 som. To the nearest day, how long can you afford to stay in Kyrgyzstan, on average?

  Determine the probability that at least 4 of the 155 golfers

Determine the probability that at least 4 of the 155 golfers would get a hole in one on the sixth hole. Discuss

  Calculate the population mean margin of error

Calculate the population mean margin of error for a 90% confidence interval when sigma is 4 and sample size is 36. Standard IQ test has mean of 98 and standard deviation of 16.

  Calculate upper confidence bound on the mean

Calculate a 95% upper confidence bound on the mean. Compare this bound with the upper bound of the two-sided confidence interval and discuss why they are different.

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