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You Want to Estimate the Proportion of Customers Who Are

question 135

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You want to estimate the proportion of customers who are satisfied with their supermarket at α = .10 and within .025 of the true value.It has been estimated that p = .85.How large of a sample is needed?


Definitions:

Net Cash

The amount of cash available after all cash inflows and outflows have been accounted for, including both operating activities and investments.

Financing Activities

Transactions related to a company's raising or repaying capital, such as issuing shares, paying dividends, or taking on new loans.

Cash Dividends

Money distributed by a corporation to its shareowners, frequently as a dividend from profits.

Operating Activities

Transactions and other events that are not investing or financing activities, usually involving the production and delivery of goods and services.

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