document.write( "Question 959998: The proportion of public accountants who have changed companies within the last three years is to be estimated within 4%. The 90% level of confidence is to be used. A study conducted several years ago revealed that the percent of public accountants changing companies within three years was 23.\r
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document.write( "a.To update this study, the files of how many public accountants should be studied? \r
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document.write( "b.How many public accountants should be contacted if no previous estimates of the population proportion are available? \n" );
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Algebra.Com's Answer #586713 by stanbon(75887) ![]() You can put this solution on YOUR website! The proportion of public accountants who have changed companies within the last three years is to be estimated within 4%. The 90% level of confidence is to be used. A study conducted several years ago revealed that the percent of public accountants changing companies within three years was 23. \n" ); document.write( " \n" ); document.write( "a.To update this study, the files of how many public accountants should be studied? \n" ); document.write( "--- \n" ); document.write( "n = [z/E]^2*pq \n" ); document.write( "n = [1.2816/0.04]^2 *0.23*0.77 = 182 when rounded up \n" ); document.write( "---------------------------------------------------------- \n" ); document.write( " b.How many public accountants should be contacted if no previous estimates of the population proportion are available? \n" ); document.write( "n = [z/E]^2*(1/2)(1/2) = [1.2816/0.04]^2*(1/4) = 257 when rounded up \n" ); document.write( "------------------ \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "------------- \n" ); document.write( " |