. ( Find the sample size. a) You want to estimate the percentage of adults who buy clothing online. How many adults must be surveyed to be 95% confident that the sample percentage is in error by no more than four percentage points? b) You want to estimate the mean amount of charitable contributions made by college graduates. How many graduates must you survey to be 90% confident that your sample mean is in error by no more than $50? Assume that the population standard deviation of donations by graduates is $360.
. ( Find the sample size. a) You want to estimate the percentage of adults who buy clothing online. How many adults must be surveyed to be 95% confident that the sample percentage is in error by no more than four percentage points? b) You want to estimate the mean amount of charitable contributions made by college graduates. How many graduates must you survey to be 90% confident that your sample mean is in error by no more than $50? Assume that the population standard deviation of donations by graduates is $360.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
Related questions
Question
2. ( Find the
a) You want to estimate the percentage of adults who buy clothing online. How many adults must be surveyed to be 95% confident that the sample percentage is in error by no more than four percentage points?
b) You want to estimate the mean amount of charitable contributions made by college graduates. How many graduates must you survey to be 90% confident that your sample mean is in error by no more than $50? Assume that the population standard deviation of donations by graduates is $360.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill