document.write( "Question 1171704: For a test market, find the sample size needed to estimate the true proportion of consumers satisfied with a certain new product within ±0.04 at the 90 percent confidence level, assume you have no strong feeling about what the proportion is
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Algebra.Com's Answer #796620 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! the half-interval is z(0.95)*sqrt(p(1-p)/n) \n" ); document.write( "z is 1.645 \n" ); document.write( "p=0.5 \n" ); document.write( "1.645*sqrt(0.25/n)=0.04 \n" ); document.write( "sqrt(0.25/n)=0.0243 \n" ); document.write( "square both sides \n" ); document.write( "0.25/n=0.00059127 \n" ); document.write( "n=422.81 round to 423.\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |