document.write( "Question 924483: A research firm needs to estimate within 3% the proportion of junior executives leaving large manufacturing companies within three years. A 0.95 degree of confidence is to be used. Several years ago, a study revealed that 21% of junior executives left their company within three years. To update this study, how many junior executives should be surveyed? \n" ); document.write( "
Algebra.Com's Answer #560921 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! ME = \n" ); document.write( "... \n" ); document.write( "ME = .03 \n" ); document.write( ".95 degree of confidence \n" ); document.write( "n = p(1-p)(z/ME)^2 \n" ); document.write( "n = (.21)(.79)(1.96/.05)^2 = 255 (rounded to next Integer) \n" ); document.write( " \n" ); document.write( " |