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    Sample Size Determination

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    Proportion

    See attached file for full problem description. 16. A study of 305 computer chips found that 244 chips functioned properly. Develop a 99 percent confidence interval for the population proportion of properly functioning computer chips. 17. A correctional institution would like to report the mean amount of money spent per d

    How many in the workforce should be interviewed to meet your requirements?

    You plan to conduct a survey to find what proportion of the workforce has two or more jobs. You decide on the 95 percent confidence level and state that the estimated proportion must be within 2 percent of the population proportion. A pilot survey reveals that 5 of the 50 sampled hold two or more jobs. How many in the workforce

    Determining Sample Size

    A well known bank credit card firm wishes to estimate the proportion of credit card holders who carry a nonzero balance at the end of the month and incur and interest charge. Assume that the desired margin of error is .03 at 98% confidence. (a) How large a sample should be selected if it is anticipated that roughly 70% of th

    Find minimum sample size

    Find the appropriate minimum sample size: You want to be 95% confident that the sample variance is within 40% of the population variance. Sample size must be an integer.

    How do you find the minimum sample size you should use?

    Find the minimum sample size you should use to assure that your estimate of p-hat will be within the required margin of error around the population p: margin of error = 0.001, confidence level = 92%, p-hat and q-hat are unknown.

    Sample

    What are the elements that affect determination of sample size?

    Bank Survey - sample size

    Bea asks Brian the sample size and the timeframe. Brian responds, 140,000 Suppose the bank has one million customers in the USA (where the survey is conducted) With a 95% confidence level and a margin of error of 3%, what would you recommend the minimum sample size to be? This is the minimum sample size. In practi

    Sample Sizes and Proportions

    The Democrat and Chronicle reported that 25% of the flights arriving at the San Diego airport during the first five months of 2001 were late (Democrat and Chronicle, July 23, 2001). Assume the population proportion is p = .25 a. Show the sampling distribution of p, the proportion of late flights in a sample of 1000 flights.

    Calculations for Standard Error of the Mean

    The standard error of the mean for a sample of 100 is 30. In order to manipulate the standard error of the mean to be 15, we would: A. increase the sample size to 200 B. increase the sample size to 400 C. decrease the sample size to 50 D. decrease the sample size to 25.

    Sample size estimation

    A) A nutritionist wants to estimate the mean amount of cholesterol in a certain variety of chicken eggs. She wants to be within 14 mg. with 99% confidence. It is believed that the standard deviation is 25 mg. How large a sample of eggs should she use? B) A nurseryman wants to estimate how many poinsettias he will need for Ch

    Determining appropriate sample sizes

    Why is it important to determine an appropriate sample size and how can you determine what sample size you should use to ensure that your population mean (mu) is within your confidence interval?

    A sample of 12 homes sold last week in St. Paul, Minnesota, is selected...

    A sample of 12 homes sold last week in St. Paul, Minnesota, is selected. Can we conclude that as the size of the home (reported below in thousands of square feet) increases, the selling price (reported in $ thousands) also increases? Home Size Selling (thousands Price of square feet) ($ thousands)

    Sample Size for 95% Confidence

    Problem (see attached): 1) An Entomologist wishes to estimate the average development time of the citrus red mite correct to within .5 day. From previous experiments it is known that standard deviation is in the neighborhood of 4 days. How large a sample should the entomologist take to be 95% confident of her estimate.

    Sample size for a proportion

    Using the large database of survey responses (this is your sample - see attached), you will begin testing hypotheses. Complete the following: 6. Determine the required sample size if you need to estimate the number of workers in the United States who are highly satisfied with their job and you want the estimate to be within

    Sampling error and sample size.

    Assume the following data represent a population of 50 values. Values equal to 1 indicate that a particular attribute is present, a value equal to 0 indicates the attribute is not present. 1 1 1 1 1 1 1 1 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 1 1 1 1 1 1 0 1 1 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 a. Compute the population pro

    Sample Size and Finite Population Correction Factor

    The house of representatives has a very controversial bill that will be going to vote. To help formulate his strategy on how to get the bill passed, the chairman of the committee that has been studying the bill wishes to know if there is a division between Democrats and Republicans on the issue or if there is some other basis fo

    Sample size

    Z= .49 confidence level e= 10.00 desired margin of error 0= 500 population standard deviation I can't make the Greek letter for the last one so I used o which is the close to the o with a line I need to know what the sample size will be with this information.

    Sample size necessary to estimate a population mean with a sample mean.

    Executives of a supermarket chain are interested in the amount of time that customers spend in the stores during shopping trips. The executives hire a statistical consultant and ask her to determine the mean shopping time of customers at the supermarkets. The consultant will collect a random sample of shopping times at the super

    Important information about Sample size needed to estimate a population mean.

    Suppose that a researcher is interested in estimating the mean systolic blood pressure of executives of major corporations. He plans to use the blood pressures of a random sample of executives of major corporations to estimate the population mean. Assuming that the standard deviation of the population of systolic blood pressures

    Solve: Sample size Needed to Estimate a Population Mean.

    A consumer advocacy group is doing a large study on car rental practices. Among other things, the consumer group would like to estimate the mean monthly mileage of cars rented in the U.S. over the past year. The consumer group plans to choose a random sample of monthly U.S. rental car mileages and then estimate using the mean o

    Assume the following data represent a population of 50 values

    Assume the following data represent a population of 50 values. Values equal to 1 indicate that a particular attribute is present, a value equal to 0 indicates the attribute is not present. 1 1 1 1 1 1 1 1 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 1 1 1 1 1 1 0 1 1 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 a. How would you compute the popu

    Proportions in marketing survey

    Question 4 (20 Points): A marketing survey is to be planned to estimate the proportion of all customers who would subscribe to a new pay-per-view service that a cable TV plans to offer. The sample size for the survey is to be decided to estimate this proportion within a margin of error 2 percentage of points using a 95% confiden

    Finding Minimum Sample Size

    A survey of shoppers is planned to determine what percentage use credit cards. Prior surveys suggest that 59% use credit cards. The required margin of error is 0.02 at 95% confidence. What is the minimum sample size required to assure that your sample proportion "p" will be within the required margin of error, around the popul

    Sample Size Required for a Survey of Shoppers

    A survey of shoppers is planned to determine what percentage use credit cards. Prior surveys suggest that 59% use credit cards. The required margin of error is 0.02 at 95% confidence. What is the minimum sample size required to assure that your sample proportion "p" will be within the required margin of error around the popul