Question 1:
Do you prefer two-ply or one-ply? In a recent study of 200 people completed by Charmin Toilet Paper, they found that 68% of American households prefer two-ply.
a. Describe the shape, center, and spread of the sampling distribution.
b. What is the probability that the sample proportion will be within 2 percentage points of the population proportion?
c. You want to decrease the standard deviation by 1/2, what would your new sample size be?
When we want to decrease standard deviation by 1/2, then we need to increase the sample size four times.
so new sample size =4*200 = 800
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