MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- You want to obtain a sample to estimate a population proportion. Based on previous evidence, you believe the population proportion is approximately 10%. You would like to be 95% confident that your estimate is within 3% of the true population proportion. How large of a sample size is required? Do not round mid-calculation.arrow_forwardYou want to obtain a sample to estimate a population proportion. At this point in time, you have no reasonable estimate for the population proportion. You would like to be 95% confident that you esimate is within 0.01 of the true population proportion. How large of a sample size is required?arrow_forwardYou want to obtain a sample to estimate a population proportion. Based on previous evidence, you believe the population proportion is approximately 85%. You would like to be 99% confident that your estimate is within 4% of the true population proportion. How large of a sample size is required?arrow_forward
- You want to obtain a sample to estimate a population proportion. Based on previous evidence, you believe the population proportion is approximately 69%. You would like to be 99% confident that your estimate is within 4.5% of the true population proportion. How large of a sample size is required?arrow_forwardYou want to obtain a sample to estimate a population proportion. Based on previous evidence, you believe the population proportion is approximately 12%. You would like to be 90% confident that your estimate is within 4.5% of the true population proportion. How large of a sample size is required?arrow_forwardYou want to obtain a sample to estimate a population proportion. Based on previous evidence, you believe the population proportion is approximately 68%. You would like to be 95% confident that your estimate is within 3.5% of the true population proportion. How large of a sample size is required? Do not round mid-calculation.arrow_forward
- For this problem, carry at least four digits after the decimal in your calculations. Answers may vary slightly due to rounding. Small Businesses is interested in the proportion of small businesses that declared Chapter 11 bankruptcy last year. Since there are so many small businesses, the National Council intends to estimate the proportion The National Council from a random sample. Let p be the proportion of small businesses that declared Chapter 11 bankruptcy last year. (a) If no preliminary sample is taken to estimate p, how large a sample is necessary to be 99% sure that a point estimate p will be within a distance of 0.09 from p? (Round your answer up to the nearest whole number.) small businesses (b) In a preliminary random sample of 30 small businesses, it was found that twelve had declared Chapter 11 bankruptcy. How many more small businesses should be included in the sample to be 99% sure that a point estimate p will be within a distance of 0.090 from p? (Round your answer up…arrow_forwardYou want to obtain a sample to estimate a population proportion. At this point in time, you have no reasonable estimate for the population proportion. You would like to be 99.5% confident that you esimate is within 1.5% of the true population proportion. How large of a sample size is required?arrow_forwardYou want to obtain a sample to estimate a population proportion. Based on previous evidence, you believe the population proportion is approximately 28%. You would like to be 98% confident that your estimate is within 1.5% of the true population proportion. How large of a sample size is required?arrow_forward
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