A soft drink company surveys 500 shoppers and finds that 61% of shoppers prefer diet soda to regular soda. Part A: With a confidence level of 90%, what is the margin of error? Show your work and round to the nearest hundredth. Part B: If the sample size would increase to 1,000 respondents while keeping the rest of the variables the same, what would happen to the margin of error? Part C: Support your answer to Part B by finding the margin of error if 1,000 shoppers were surveyed while keeping the rest of the variables the same. Show your

A soft drink company surveys 500 shoppers and finds that 61% of shoppers prefer diet soda to regular soda. Part A: With a confidence level of 90%, what is the margin of error? Show your work and round to the nearest hundredth. Part B: If the sample size would increase to 1,000 respondents while keeping the rest of the variables the same, what would happen to the margin of error? Part C: Support your answer to Part B by finding the margin of error if 1,000 shoppers were surveyed while keeping the rest of the variables the same. Show your

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter4: Equations Of Linear Functions

Section: Chapter Questions

Problem 8SGR

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Question

Use the study below for Part A, Part B, and Part C.

A soft drink company surveys 500 shoppers and finds that 61% of shoppers prefer diet soda to regular soda.

Part A: With a confidence level of 90%, what is the margin of error? Show your work and round to the nearest hundredth.

Part B: If the sample size would increase to 1,000 respondents while keeping the rest of the variables the same, what would happen to the margin of error?

Part C: Support your answer to Part B by finding the margin of error if 1,000 shoppers were surveyed while keeping the rest of the variables the same. Show your

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