You work for a marketing firm that has a large client in the automobile industry. You have been asked to estimate the proportion of household Chicago that have two or more vehicles. You have been assigned to gather a random sample that could be used to estimate this proportion to within a 0.015 margin of error at a 99% level of confidence. Due in 5 hours, 7 minutes. Due Sun 11/29/20201 a) With no prior research, what sample size should you gather in order to obtain a 0.015 margin of error? Round your answer up to the nearest whole number. n = households b) Your firm has decided that your plan is too expensive, and they wish to reduce the sample size required. You conduct a small preliminary sample, and you obtain a sample proportion of p = 0.24. Using this new information. what sample size should you gather in order to obtain a 0.015 margin of error? Round your answer up to the nearest whole number. n = households Get help: Video

You work for a marketing firm that has a large client in the automobile industry. You have been asked to estimate the proportion of household Chicago that have two or more vehicles. You have been assigned to gather a random sample that could be used to estimate this proportion to within a 0.015 margin of error at a 99% level of confidence. Due in 5 hours, 7 minutes. Due Sun 11/29/20201 a) With no prior research, what sample size should you gather in order to obtain a 0.015 margin of error? Round your answer up to the nearest whole number. n = households b) Your firm has decided that your plan is too expensive, and they wish to reduce the sample size required. You conduct a small preliminary sample, and you obtain a sample proportion of p = 0.24. Using this new information. what sample size should you gather in order to obtain a 0.015 margin of error? Round your answer up to the nearest whole number. n = households Get help: Video

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MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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