Many Americans worry about how much they should tip when dining out. However, a Zagat survey indicated that Americans, in general, tip well, and 43%43% are in favor of eliminating tipping completely, even if it would mean higher meal costs. Suppose a random sample of ?n Americans is obtained.
Let ?̂ P^ be the sample proportion of Americans who are in favor of eliminating tips. If ?(?̂ ≤0.47)=0.90,P(P^≤0.47)=0.90, find the value of ?,n, the number of Americans in the random sample.
Population proportion of Americans in favour of eliminating tips =
A random sample of n Americans are taken and Sample proportion of Americans in favour of eliminating tips =
Now we know,
i.e
Now,
Ans: n = 250
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