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A Company Wants to Estimate,at a 95% Confidence Level,the Proportion

question 47

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A company wants to estimate,at a 95% confidence level,the proportion of all families who own its product.A preliminary sample showed that 30.0% of the families in this sample own this company's product.The sample size that would limit the margin of error to be within 0.045 of the population proportion is:


Definitions:

Interpretation

The act of explaining or understanding the meaning of something, such as a text, action, or event.

Recipient's End

The final destination or the target audience for a message, document, or package.

Formal Network

A structure within an organization that is officially designed and recognized, often dictated by organizational charts and procedures.

Operational Communication

Communication that focuses on the day-to-day running and operations of a business or organization.

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