In preparing a report on the economy, we need to estimate the percentage of businesses that plan to hire additional employees in the next 60 days. According to a recently published study on the current economy, only 35% of businesses plan to hire new additional employees in the next 60 days. How many randomly selected employers must we contact in order to create an estimate in which we are 98% confident with a margin of error of 2%.

In preparing a report on the economy, we need to estimate the percentage of businesses that plan to hire additional employees in the next 60 days. According to a recently published study on the current economy, only 35% of businesses plan to hire new additional employees in the next 60 days. How many randomly selected employers must we contact in order to create an estimate in which we are 98% confident with a margin of error of 2%.

Name: In preparing a report on the economy, we need to estimate the percenta
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Description: In preparing a report on the economy, we need to estimate the percentage of businesses that plan to hire additional employees in the next 60 days. According to a recently published study on the current economy, only 35% of businesses plan to hire new

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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