A large retailer wants to estimate the proportion of Hispanic customers in a particular state. How large a sample size (of the retailer's customers) do you need to estimate this proportion to within 0.04 accuracy and with 99% confidence? Assume there is no planning value for p* available. The sample size required is:

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 5E
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A large retailer wants to estimate the proportion of Hispanic customers in a particular state. How large a
sample size (of the retailer's customers) do you need to estimate this proportion to within 0.04 accuracy
and with 99% confidence? Assume there is no planning value for p* available. The sample size required is:
Transcribed Image Text:A large retailer wants to estimate the proportion of Hispanic customers in a particular state. How large a sample size (of the retailer's customers) do you need to estimate this proportion to within 0.04 accuracy and with 99% confidence? Assume there is no planning value for p* available. The sample size required is:
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