Short Answer
SCENARIO 8-11
A poll was conducted by the marketing department of a video game company to determine the popularity of a new game that was targeted to be launched in three months.Telephone interviews with 1,500 young adults were conducted which revealed that 49% said they would purchase the new game.The margin of error was ±3 percentage points.
-Referring to Scenario 8-11,what is the needed sample size to obtain a 90% confidence interval estimate of the percentage of the targeted young adults who will purchase the new game by allowing the same level of margin of error?
Correct Answer:

Verified
Correct Answer:
Verified
Q86: SCENARIO 8-11<br>A poll was conducted by the
Q87: SCENARIO 8-6<br>After an extensive advertising campaign,the manager
Q88: The confidence interval obtained will always correctly
Q89: A quality control engineer is interested in
Q90: The confidence interval estimate of the population
Q92: A prison official wants to estimate the
Q93: SCENARIO 8-11<br>A poll was conducted by the
Q94: The standardized normal distribution is used to
Q95: An economist is interested in studying the
Q96: In the construction of confidence intervals,if all