A Retailer Wants to Estimate with 99% Confidence the Number

question 98

True/False

A retailer wants to estimate with 99% confidence the number of people who shop at his
store. A previous study showed that 24% of those interviewed had shopped at his store.
He wishes to be accurate within 3% of the true proportion. The minimum sample size
necessary would be 1,100.

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Definitions:

Mucosa

The moist tissue layer lining some organs and body cavities, including the nose, mouth, lungs, and digestive tract.

Small Intestine

A part of the gastrointestinal tract between the stomach and large intestine that digests and absorbs nutrients from food.

Pylorus

The region of the stomach that connects to the duodenum, responsible for the regulated passage of digested food.

Stomach

A muscular organ in the gastrointestinal tract that breaks down food through the action of acids and enzymes.