A researcher wishes to estimate the proportion of fish in a certain lake that is inedible due to pollution of the lake. How large a sample should be tested in order to be 99% confident that the true proportion of inedible fish is estimated to within 8%?
A researcher wishes to estimate the proportion of fish in a certain lake that is inedible due to pollution of the lake. How large a sample should be tested in order to be 99% confident that the true proportion of inedible fish is estimated to within 8%?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A researcher wishes to estimate the proportion of fish in a certain lake that is inedible due to pollution of the lake. How large a sample should be tested in order to be 99% confident that the true proportion of inedible fish is estimated to within 8%?
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