MATLAB: An Introduction with Applications
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ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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The brand manager for a brand of toothpaste must plan a campaign designed to increase brand recognition. He wants to first determine the percentage of adults who have heard of the brand. How many adults must he survey in order to be 80% confident that his estimate is within seven percentage points of the true population percentage?
Assume that nothing is known about the percentage of adults who have heard of the brand. What is n?
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- q35arrow_forwardIn a recent year, the Better Business Bureau settled 73% of complaints they received. You have been hired by the Bureau to investigate complaints this year involving computer stores. You plan to select a random sample of complaints to estimate the proportion of complaints the Bureau is able to settle. Assume the population proportion of complaints settled for the computer stores is 0.73, as mentioned above. Suppose your sample size is 113. DO NOT USE THE EXCEL FORMULA. CALCULATE BY HAND OR WITH A CALCULATOR. 1. What is the probability that the sample proportion will be within 4 percent of the population proportion?arrow_forwardThe brand manager for a brand of toothpaste must plan a campaign designed to increase brand recognition. He wants to first determine the percentage of adults who have heard of the brand. How many adults must he survey in order to be 95% confident that his estimate is within five percentage points of the true population percentage? n=?arrow_forward
- The brand manager for a brand of toothpaste must plan a campaign designed to increase brand recognition. He wants to first determine the percentage of adults who have heard of the brand. How many adults must he survey in order to be 80% confident that his estimate is within seven percentage points of the true population percentage? Complete parts (a) through (c) below. a) Assume that nothing is known about the percentage of adults who have heard of the brand. n = (Round up to the nearest integer.) b) Assume that a recent survey suggests that about 87% of adults have heard of the brand. n = (Round up to the nearest integer.) c) Given that the required sample size is relatively small, could he simply survey the adults at the nearest college? A. No, a sample of students at the nearest college is a stratified sample, not a simple random sample, so it is very possible that the results would not be representative of the population of adults. O B. No, a sample of students at the nearest…arrow_forwardWinston has just gone grocery shopping. The mean cost for each item in his bag was $3.48. He bought a total of 9 items, and the prices of 8 of those items are listed below: $2.75,$4.06,$3.16,$3.92,$4.29,$2.77,$3.01,$4.57 Determine the price of the 9th item in his bag.arrow_forwardThe brand manager for a brand of toothpaste must plan a campaign designed to increase brand recognition. He wants to first determine the percentage of adults who have heard of the brand. How many adults must he survey in order to be 95% confident that his estimate is within five percentage points of the true population percentage? Complete parts (a) through (c) below. Question content area bottom Part 1 a) Assume that nothing is known about the percentage of adults who have heard of the brand. n=enter your response here (Round up to the nearest integer.)arrow_forward
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