Solved

We Want to Estimate with 99 Percent Confidence the Percentage

Question 51

Multiple Choice

We want to estimate with 99 percent confidence the percentage of automobile purchasers who are under 30 years of age.A margin of error of 5 percentage points is desired.What sample size is needed? In an earlier sample,we found a 99 percent confidence interval of purchasers under 30 years of age to be [.18,.27].


A) 104
B) 664
C) 392
D) 523

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions