Assume That You Wish to Estimate a Population Proportion, P

question 89

Multiple Choice

Assume that you wish to estimate a population proportion, p. For the given margin of error and confidence level,determine the sample size required.
-A political action committee is interested in finding out what proportion of voters will support an environmental initiative. Obtain a sample size that will ensure a margin of error of at most 0.07 for A 95% confidence interval. Similar initiatives in the past have gotten 94% support.

• A)45
• B)135
• C)3
• D)40

Understand the clinical relevance of heart sounds and the conditions under which they are altered.

Understand and apply the concept of "you" attitude in business communication.

Identify and utilize bias-free language.

Recognize and apply effective business writing styles, including tone and voice.

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Definitions:

Total Individual Benefit

The total value or satisfaction that an individual derives from consuming a particular quantity of goods or services.

Marginal Benefit

The supplementary enjoyment or advantage gained by consuming another unit of a good or service.

Marginal Social Benefit

The additional benefit received by society as a whole from the production or consumption of one more unit of a good.

Marginal Social Benefit

The additional gain to society as a whole from an additional unit of a good or service, considering both private benefits and externalities.