A community has 2,000 registered voters. A pilot study revealed that 70% of the individuals are planning to vote for the incumbent mayor. We are interested in selecting a sample. So that the sampling error will not exceed 4%, what size sample should be taken?
What will be an ideal response?
416
Business
You might also like to view...
A recent Consumer Reports study analyzed toasters and found that the average performance rating for all toasters tested was 70 with an average price of $33
Coffers is a brand of toaster that sells for $32 and received an overall performance rating of 84. What is Coffers's relative performance against other toasters tested? A) 4 B) 38 C) 83.5 D) 98.5 E) 120
Business
Costs that do not differ among alternatives are called ________ costs
a. opportunity b. irrelevant c. semi–variable d. relevant
Business
There is no ideal form for a business venture
Indicate whether the statement is true or false
Business
In a reverse equity mortgage, the equity in your home serves as collateral on the loan
Indicate whether the statement is true or false.
Business