Insurance companies are interested in knowing the population percent of drivers who always buckle up before riding in a car. When designing a study to determine this population proportion, what is the minimum number you would need to survey to be 99% confident that the population proportion is estimated to within 0.03? The number of drivers surveyed needs to be at least ___________.

Insurance companies are interested in knowing the population percent of drivers who always buckle up before riding in a car. When designing a study to determine this population proportion, what is the minimum number you would need to survey to be 99% confident that the population proportion is estimated to within 0.03? The number of drivers surveyed needs to be at least ___________.

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter7: Applying Fractions

Section7.2: Proportions

Problem 48WE

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Question

Insurance companies are interested in knowing the population percent of drivers who always buckle up before riding in a car.

When designing a study to determine this population proportion, what is the minimum number you would need to survey to be 99% confident that the population proportion is estimated to within 0.03?

The number of drivers surveyed needs to be at least ___________.

Expert Solution