TABLE 8-14 a Poll Was Conducted by the Marketing Department of a of a Video

question 139

Short Answer

TABLE 8-14
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 Table 8-14, what is the needed sample size to obtain a 95% confidence interval in estimating the percentage of the targeted young adults who will purchase the new game to within ±5% if you do not have the information on the 49% in the interviews who said that they would purchase the new game?

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Definitions:

Fraternal Twins

Twins that develop from two different eggs fertilized by two different sperm, resulting in genetically distinct siblings born at the same time.

Identical Twins

Twins that develop from a single fertilized egg, splitting and forming two individuals with practically identical genetic material.

Schizophrenia

A psychological condition marked by disturbances in thinking, perception, emotions, and social behavior.

Diagnosed

The identification of the nature of an illness or other problem through examination of the symptoms.