SCENARIO 8-11 a Poll Was Conducted by the Marketing Department

question 112

Short Answer

SCENARIO 8-11 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 Scenario 8-11, what is the needed sample size to obtain a 99% confidence interval in estimating the percentage of the targeted young adults who will purchase the new game to within ±5% if you do no t have the information on the 49% in the interviews who said that they would purchase the new game?

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Definitions:

Sleep Disruption

Interruptions in the normal sleep cycle, leading to poor sleep quality or sleep disorders.

Substance Use

Involves consuming chemical substances that can alter the mind or body, including legal, illegal, recreational, prescription, and over-the-counter drugs.

Taijin-Kyofusho

A Japanese culture-specific syndrome characterized by intense fear of offending or harming others through one's social awkwardness or bodily functions.

Social Anxiety

The fear of social situations that involve interaction with other people.