Sample size of americans who own their house


Assignment:

The CEO of a company wants to estimate the proportion of Americans who own their house. What sample size should be obtained if he wants the estimate to be within 0.02 with 90% confidence if

a. He uses an estimate of 0.675 from the American Census Bureau?
b. He does not use any prior estimates?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Sample size of americans who own their house
Reference No:- TGS01894417

Now Priced at $30 (50% Discount)

Recommended (95%)

Rated (4.7/5)