Validity of certain commercials


Television viewers often express doubts regarding the validity of certain commercials. In an attempt to answer their critics, a large advertiser desires to determine the true proportion of consumers who thinks what is shown in commercials. Preliminary studies indicte that about 30% of those surveyed believe what is shown in commercials. What is the minimum number of consumers that should be sampled by the advertiser to be 95% confident that their estimate will fall within 3% of the true population proportion?

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Basic Statistics: Validity of certain commercials
Reference No:- TGS0873963

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