Suppose you are a retailer and you want to estimate the proportion of your customers who are shoplifters. You decided to select a random sample of shoppers and check closely to determine whether they steal any merchandise while in the store. Suppose experience suggests that the percentage of customers who are shoplifters is near 5%.how many customers should you include in your sample if you want to estimate the proportion of shoplifters in your store correct to within 0.02 with 95% confidence?

Suppose you are a retailer and you want to estimate the proportion of your customers who are shoplifters. You decided to select a random sample of shoppers and check closely to determine whether they steal any merchandise while in the store. Suppose experience suggests that the percentage of customers who are shoplifters is near 5%.how many customers should you include in your sample if you want to estimate the proportion of shoplifters in your store correct to within 0.02 with 95% confidence?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.6: Summarizing Categorical Data

Problem 30PPS

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