Question

.1) How large a sample must one take to be 90% confident that the estimate is...

.1) How large a sample must one take to be 90% confident that the estimate is within 5% of the true

     proportion of women over 55 who are widows?  A recent study indicated that 29% of the 100 women

     over 55 in the study were widows.

8.  As a manufacturer of golf equipment, the Spalding Corporation wants to estimate the proportion of

     golfers who are left-handed.  (The company can use this information in planning for the number of

     right-handed and left-handed sets of golf clubs to make.) How many golfers must be surveyed if we

     want to be 99% confident that the sample proportion has a margin of error of 0.025?

            a.  Assume there is no estimate of a proportion available

            b.  Assume that we have an proportion estimate from a previous study that suggest that 15% of

                golfers are left-handed.

9.  Nielsen Media Research wants to estimate the mean amount of time (in minutes) that full-time college

     students spend watching television each weekday.  Find the sample size necessary to estimate the mean

     with a 15-minute margin of error.  Assume that a 95% confidence is desired, and the standard deviation

     is 112.2 minutes.

Homework Answers

Answer #1

8)

Answer)

We need to use standard normal z table to answer this problem.

Critical value z for 99% confidence level is 2.58

Margin of error is given by critical value z *√{p*(1-p)/n}

N = sample size

Given margin of error = 0.025

A)

When no point of estimate p is given, we assume it to be 0.5

So, 0.025 = (2.58)*√0.5*(1-0.5)/√n

N = 2662.56 = 2663

B)

When p = 0.15

0.025 = (2.58)*√0.15*(1-0.15)/√n

N = 1357.9056 = 1358

9)

Critical value z for 95% confidence level is 1.96

Given margin of error = 15

Margin of error = z*(s.d/√n)

15 = 112.2/√n

N = 56

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Use Excel please.( norm.inv, t.inv, ) QUESTION 2 (a) Suppose that your task is to estimate...
Use Excel please.( norm.inv, t.inv, ) QUESTION 2 (a) Suppose that your task is to estimate the mean of a normally distributed population to within 8 units with 95% confidence and that the population standard deviation is known to be 72. What sample size should be used if you wish to estimate the population mean to within 8 units? (b) Determine the minimum sample size required for estimating the population proportion of number of people who drive to work, to...
A research firm wants to be 90 percent confident that a population percentage of people who...
A research firm wants to be 90 percent confident that a population percentage of people who prefer chocolate ice cream over vanilla that has been estimated to be within 3 percentage points. Suppose that a study designed to collect new data on search engine preferences uses a preliminary estimate of the proportion of people who prefer chocolate over vanilla as 56 percent. A) How large a sample must be taken to estimate the proportion of people who prefer chocolate over...
In order to determine what proportion of desks in each classroom should be left handed, the...
In order to determine what proportion of desks in each classroom should be left handed, the administration wants to know what proportion of students at Hope College are left-handed. In a preliminary sample of 12 students, 2 of them are left handed. (A) If they want the quick-and-dirty 95% confidence interval for the true proportion of all students who are left-handed to have a margin of error of less than 3%, about how large of a sample will they need?...
The marketing department must estimate the percent of the website's current viewers who prefer a new...
The marketing department must estimate the percent of the website's current viewers who prefer a new website design. If the researcher wants to be 95% confident that the margin of error does not exceed 0.095 in estimating the true proportion, how large a sample must be pickeď? a)601 b)107 c)186 d)250
Suppose you are a civil engineer, specializing in traffic volume control for the City of Grand...
Suppose you are a civil engineer, specializing in traffic volume control for the City of Grand Rapids. Your department has been receiving a multitude of complaints about traffic wait times for a certain intersection in the heart of downtown. To see if these claims are valid, you want to monitor the true average wait time at that intersection. Over the course of a few months, you record the average number of minutes a car waits at the intersection between 4:00...
Find the sample size needed to estimate the percentage of residents of one region of a...
Find the sample size needed to estimate the percentage of residents of one region of a country who are​ left-handed. Use a margin of error of four percentage points​, and use a confidence level of 99​%. Complete parts​ (a) through​ (c) below. a. Assume that ModifyingAbove p with caret and ModifyingAbove q with caret are unknown. The sample size needed is nothing. ​(Round up to the nearest whole number as​ needed.)
Find the sample size needed to estimate the percentage of Virginia residents who are left-handed. Use...
Find the sample size needed to estimate the percentage of Virginia residents who are left-handed. Use a Margin of Error of 3% and use a confidence level of 90% for both situations as follows. a) Assume phat is unknown b) Based on prior studies, use phat = 12%
4a The Dean of USD’s School of Business wants to estimate of the percentage of undergraduate...
4a The Dean of USD’s School of Business wants to estimate of the percentage of undergraduate students who do an internship. He wants to be 92% confident that the margin of error is less than 3 percent. Previous studies have shown this proportion to be around 66%..How large of a sample must he take? 496 764 564 655 None of the above
PART I The owner of a local golf course wanted to determine the average age (in...
PART I The owner of a local golf course wanted to determine the average age (in years) of the golfers that played on the course. In a random sample of 27 golfers that visited his course, the sample mean was 47 years old and the standard deviation was 5.11 years. Using this information, the owner calculated the confidence interval of (45.3, 48.7) with a confidence level of 90% for the average age. Which of the following is an appropriate interpretation...
5. An administrator wants to estimate the birth weights of babies in her hospital. How large...
5. An administrator wants to estimate the birth weights of babies in her hospital. How large a sample must be obtained if she desires to be 95% confident that the true mean is within a margin of error of 2 ounces? A similar sample taken the previous year yielded a standard deviation of 8 ounces. She will use this standard deviation. (10)
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT