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.
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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" );
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Algebra.Com's Answer #619264 by stanbon(75887)![]() ![]() ![]() 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( " |