Instruction 8-12 a Poll Was Conducted by the Marketing Department of a of a Video

question 26

Short Answer

Instruction 8-12
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 Instruction 8-12,what is the needed sample size to obtain a 90% confidence interval estimate of the percentage of the targeted young adults who will purchase the new game by allowing the same level of margin of error?

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Definitions:

Disclose Only

A policy or requirement of revealing information without necessitating additional actions or changes based on the disclosure.

Note Issuance

The process of creating and distributing promissory notes, which are written promises to pay a specified sum of money at a future date.

Note Maturity

Note maturity is the date on which the principal amount of a promissory note, bond, or other debt instrument becomes due and payable.

Discount Rate

The interest rate used to discount future cash flows to their present value, often reflecting the cost of capital or investment risk.