ou are a manager for a local convenience store. You want to determin proportion of your customers would be interested in warm hot dogs fo your store. Suppose that you want to have a 99% confidence level in nalysis, and you want your estimate to be within 6.50% of the sample proportion. What is the minimum number of people you need to samp Round your final answer up to the nearest person, and select the close alue to your answer. Any sample size that is at least 30 will satisfy this requirement. 697 227 548 393

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 3E
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You are a manager for a local convenience store. You want to determine what
proportion of your customers would be interested in warm hot dogs for sale
in your store. Suppose that you want to have a 99% confidence level in your
analysis, and you want your estimate to be within 6.50% of the sample
proportion. What is the minimum number of people you need to sample?
Round your final answer up to the nearest person, and select the closest
value to your answer.
Any sample size that is at least 30 will satisfy this requirement.
697
O227
548
393
Transcribed Image Text:You are a manager for a local convenience store. You want to determine what proportion of your customers would be interested in warm hot dogs for sale in your store. Suppose that you want to have a 99% confidence level in your analysis, and you want your estimate to be within 6.50% of the sample proportion. What is the minimum number of people you need to sample? Round your final answer up to the nearest person, and select the closest value to your answer. Any sample size that is at least 30 will satisfy this requirement. 697 O227 548 393
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