A marketing manager must decide on the size of the survey sample to be used in order to estimate the proportion of customers who are aware of her brand. She wishes to estimate this proportion to within 7 percentage points with 95% confidence. If the manager guesses that the proportion of aware customers is roughly 21%, what is the size of the sample that must be used? 131 ? X 0% Assume that 4700 customers were sampled, and that the sample proportion of aware customers was found to be 29%. Construct a 95% confidence interval for the population proportion of aware customers. CIlowerbound .2659 CI upperbound .314 ? X 0% ? X 0%

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 marketing manager must decide on the size of the survey
sample to be used in order to estimate the proportion of
customers who are aware of her brand. She wishes to estimate
this proportion to within 7 percentage points with 95%
confidence.
If the manager guesses that the proportion of aware customers
is roughly 21%, what is the size of the sample that must be
used?
131
?
CIlowerbound .2659
CIupperbound .314
Assume that 4700 customers were sampled, and that the
sample proportion of aware customers was found to be 29%.
Construct a 95% confidence interval for the population
proportion of aware customers.
X 0%
? × 0%
?
X 0%
Transcribed Image Text:A marketing manager must decide on the size of the survey sample to be used in order to estimate the proportion of customers who are aware of her brand. She wishes to estimate this proportion to within 7 percentage points with 95% confidence. If the manager guesses that the proportion of aware customers is roughly 21%, what is the size of the sample that must be used? 131 ? CIlowerbound .2659 CIupperbound .314 Assume that 4700 customers were sampled, and that the sample proportion of aware customers was found to be 29%. Construct a 95% confidence interval for the population proportion of aware customers. X 0% ? × 0% ? X 0%
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