Assume we had no prior knowledge about the true proportion π. We want to construct a 95% confidence interval for π with margin of error 2%. How large a sample is needed? How does the sample size change if we want to be 99% confident?
Assume we had no prior knowledge about the true proportion π. We want to construct a 95% confidence interval for π with margin of error 2%. How large a sample is needed? How does the sample size change if we want to be 99% confident?
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 58E: What is meant by the sample space of an experiment?
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1. In an TV poll, 56% of 2,000 randomly selected voters in Delhi said they would vote for the incumbent in a certain two-person race:
Assume we had no prior knowledge about the true proportion π. We want to construct a 95%
confidence interval for π with margin of error 2%. How large a sample is needed? How does the
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