Michael wants to make a confidence interval estimate for the proportion of community members in favor of a tax increase for more local school funding. If he wants the margin of error to be no more than 0.025 at a 90% confidence level b)Suppose he guesses that about 30% are in favor for the tax increase. What will be the required sample size in this case? Assume the same margin of error and confidence level.b)Suppose he guesses that about 30% are in favor for the tax increase. What will be the required sample size in this case? Assume the same margin of error and confidence level.
Michael wants to make a confidence interval estimate for the proportion of community members in favor of a tax increase for more local school funding. If he wants the margin of error to be no more than 0.025 at a 90% confidence level b)Suppose he guesses that about 30% are in favor for the tax increase. What will be the required sample size in this case? Assume the same margin of error and confidence level.b)Suppose he guesses that about 30% are in favor for the tax increase. What will be the required sample size in this case? Assume the same margin of error and confidence level.
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 6E: List the sample space of each experiment. Tossing three coins
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Michael wants to make a confidence interval estimate for the proportion of community members in favor of a tax increase for more local school funding. If he wants the margin of error to be no more than 0.025 at a 90% confidence level
b)Suppose he guesses that about 30% are in favor for the tax increase. What will be the required sample size in this case? Assume the same margin of error and confidence level.b)Suppose he guesses that about 30% are in favor for the tax increase. What will be the required sample size in this case? Assume the same margin of error and confidence level.
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