menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Statistics
  3. Study Set
    Statistics for Business and Economics Study Set 2
  4. Exam
    Exam 8: Interval Estimation
  5. Question
    The Manager of a Department Store Wants to Determine What
Solved

The Manager of a Department Store Wants to Determine What

Question 1

Question 1

Short Answer

The manager of a department store wants to determine what proportion of people who enter the store use the store's credit cards for their purchases. What size sample should he take so that at 95% confidence the error will not be more than 6%?

Correct Answer:

verifed

Verified

Related Questions

Q2: In interval estimation, as the sample size

Q3: Exhibit 8-5<br>A random sample of 64 SAT

Q4: In a sample of 400 registered voters,

Q5: Using an <span class="ql-formula" data-value="\alpha"><span

Q6: Exhibit 8-1<br>In order to estimate the average

Q7: If the population standard deviation of the

Q8: The manager of a grocery store wants

Q9: Exhibit 8-5<br>A random sample of 64 SAT

Q10: The following random sample from a

Q11: A random sample of 1000 people was

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines