A university planner is interested in determining the percentage of spring semester students who will attend summer school. She takes a pilot sample of 160 spring semester students discovering that 56 will return to summer school.
a.Construct a 95% confidence interval estimate for the percentage of spring semester students who will return to summer school.b.Using the results of the pilot study with a .95 probability, how large of a sample would have to be taken to provide a margin of error of 3% or less?
What will be an ideal response?
?
a. | .276 to .424 (rounded) |
b. | 972 |
You might also like to view...
A good ________ is likely to contain an expression of regret, an explanation, an acknowledgment of responsibility, a declaration of repentance, an offer to repair the impact, and a request for forgiveness.
Fill in the blank(s) with the appropriate word(s).
Order date, amount sold, and customer number are all forms of data.
Answer the following statement true (T) or false (F)
Manuel, a credit supervisor, must write a letter informing a new client that her credit application has been approved. What writing sequence should he use?
a. Persuasive since he needs to confirm her choice of his company's products b. Inductive because he needs to give her an explanation first c. Deductive because he needs to give her the good news at the beginning of his message d. None of the above
Reduction in production cost results in ________.
A. increased profitability B. increased competition C. increased process complexity D. better customer service E. lower shareholder value