Author Question: A marketing class is engaged in a project to estimate the proportion of homes receiving both HBO and ... (Read 32 times)

notis

  • Hero Member
  • *****
  • Posts: 596
A marketing class is engaged in a project to estimate the proportion of homes receiving both HBO and ShowTime cable service. The class plans to use a confidence coefficient of 0.95 and a maximum error of the estimate equal to 0.10 . If 2500 homes in this city receive cable service, determine the sample size for the class to use.

Question 2

In an effort to determine the average loaded weight of trucks leaving a gypsum wallboard plant, a random sample is to be taken from the 600 trucks scheduled for this month. From past studies, the population standard deviation is known to be 2500 lbs. A 95-percent confidence interval is to be used and the average, , is to be estimated within 500 pounds. Determine the sample size needed.



voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

93

Answer to Question 2

83



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

For a complete list of videos, visit our video library