document.write( "Question 1002333: Past surveys reveal that 30% of tourists going to Las Vegas to gamble spend more than $1,000. The Visitor’s Bureau of Las Vegas wants to update this percentage.
\n" ); document.write( "
\n" ); document.write( "a.
\n" ); document.write( "The new study is to use the 90% confidence level. The estimate is to be within 1% of the population proportion. What is the necessary sample size
\n" ); document.write( "

Algebra.Com's Answer #619264 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
Past surveys reveal that 30% of tourists going to Las Vegas to gamble spend more than $1,000. The Visitor’s Bureau of Las Vegas wants to update this percentage.\r
\n" ); document.write( "\n" ); document.write( "a.
\n" ); document.write( "The new study is to use the 90% confidence level. The estimate is to be within 1% of the population proportion. What is the necessary sample size
\n" ); document.write( "---------------
\n" ); document.write( "Since E(x) = z*sqrt(pq/n),
\n" ); document.write( "-------
\n" ); document.write( "n = [z/E]^2*p*q
\n" ); document.write( "-------
\n" ); document.write( "n = [1.645/0.01]^2*0.3*0.7
\n" ); document.write( "-------
\n" ); document.write( "n = [164.5]^2*0.3*0.7
\n" ); document.write( "-------
\n" ); document.write( "n = 5683 when rounded up
\n" ); document.write( "-----------
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "-----------
\n" ); document.write( "
\n" );