SOLUTION: A pilot study shows that 64% of people living in the downtown core are single. A market research company wants to verify this claim. The company requires a 95% confidence interval.

Algebra.Com
Question 1162081: A pilot study shows that 64% of people living in the downtown core are single. A market research company wants to verify this claim. The company requires a 95% confidence interval. How many residents should be interviewed to keep the margin of error within 0.02 of the population proportion?
Answer by Boreal(15235)   (Show Source): You can put this solution on YOUR website!
the half-interval or the margin of error=0.02=z*sqrt(0.64*0.36/n), z=1.96
square both sides
0.0004=3.8416*0.64*0.36/n
n=3.8416*0.64*0.36/).0004
=2212.76 or 2213

RELATED QUESTIONS

A research company wishes to estimate, with 95% confidence, the proportion of people who... (answered by stanbon)
I need help with this I am also looking for a paid tutor anyone intrested? 1. In this... (answered by stanbon)
1. In this problem, we analyze the profit found for sales of decorative tiles. A demand... (answered by gaddiri)
Nielsen Media Research wants to estimate the mean amount of time(in minutes) that... (answered by stanbon)
Hello, Any help with these algebra II questions would be greatly appreciated. I have... (answered by stanbon)
1. In this problem, we analyze the profit found for sales of decorative tiles. A demand... (answered by KMST)
Suppose that a market research firm is hired to estimate the percent of adults living in (answered by Boreal)
5. Suppose that a market research firm is hired to estimate the percent of adults living... (answered by ewatrrr)
1. In this problem, we will analyze the profit found for sales of decorative tiles. A... (answered by jim_thompson5910)