estimate how many people you would need to survey in order to estimate the percentage in your company that would prefer to work at home, within 5 percentage points, with 95% confidence.

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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Suppose you want to estimate the percentage of employees who want to work from home. Doing some research on the internet, you find a recent study that found that 72% of employees prefer a hybrid remote-office model. Using that value as your sample proportion, , estimate how many people you would need to survey in order to estimate the percentage in your company that would prefer to work at home, within 5 percentage points, with 95% confidence.

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