The proportion of junior executives leaving large manufacturing companies within three years is to be estimated within 4 percent. The 0.95 degree of confidence is to be used. A study conducted several years ago revealed that the percent of junior executives leaving within three years was 22. To update this study, how many junior executives should be studied?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 26PPS
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The proportion of junior executives leaving large manufacturing companies within three years is to be estimated within 4 percent. The 0.95 degree of confidence is to be used. A study conducted several years ago revealed that the percent of junior executives leaving within three years was 22. To update this study, how many junior executives should be studied?

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