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We want to estimate with 99 percent confidence the percentage of buyers of cars who are under 30 years of age.A margin of error of 5 percentage points is desired.What sample size is needed? In an earlier sample we found a 99 percent confidence interval of buyers under 30 years of age to be [.18 .27].
Goodwill
An intangible asset representing the excess of the purchase price over the fair market value of an acquired company's identifiable net assets, reflecting the value of its brand, customer relationships, and other non-physical assets.
Fair Value
The amount one would expect to obtain from selling an asset or the cost to transfer a liability in a smooth transaction among market players as of the valuation date.
Tax Rate
The percentage at which an individual or corporation is taxed by the government.
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