We want to estimate the proportion of defective parts produced by a machine and the estimation will be through a two-sided confidence interval and simple random sampling with replacement. a) Assuming a confidence level of 90% and a margin of error of 3%, what is the required sample size? (Assume maximum variance). b) Assuming a 90% confidence level and a 3% estimation error, what is the required sample size? (Assume maximum variance).

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
icon
Related questions
Question
J 2 We want to estimate the proportion of defective parts produced by a machine and the estimation will be through a two-sided confidence interval and simple random sampling with replacement. a) Assuming a confidence level of 90% and a margin of error of 3%, what is the required sample size? (Assume maximum variance). b) Assuming a 90% confidence level and a 3% estimation error, what is the required sample size? (Assume maximum variance).
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,