Business
Business, 05.05.2020 17:09, alfonso55

A researcher wanted to determine the mean number of hours per week (Sunday through Saturday) the typical person watches television. Results from the Sullivan Statistics Survey I indicate that s = 7.5 hours.

(a) How many people are needed to estimate the number of hours people watch television per week within 2 hours with 95% confidence?

(b) How many people are needed to estimate the number of hours people watch television per week within 1 hour with 95% confidence?

(c) What effects does doubling the required accuracy have on the sample size?

(d) How many people are needed to estimate the number of hours people watch television per week within 2 hours with 90% confidence? Compare this result to part (a). How does decreasing the level of confidence in the estimate affect sample size? Why is this reasonable?

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 19:20, lukeperry
Astock with a beta of 0.6 has an expected rate of return of 13%. if the market return this year turns out to be 10 percentage points below expectations, what is your best guess as to the rate of return on the stock? (do not round intermediate calculations. enter your answer as a percent rounded to 1 decimal place.)
Answers: 2
image
Business, 22.06.2019 07:30, yoyoho6218
Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.
Answers: 1
image
Business, 22.06.2019 12:20, lamwil9432
Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount
Answers: 2
image
Business, 22.06.2019 18:20, fantasticratz2
Principals are an administration career
Answers: 2
Do you know the correct answer?
A researcher wanted to determine the mean number of hours per week (Sunday through Saturday) the typ...

Questions in other subjects:

Konu
Physics, 31.08.2019 10:10
Konu
Social Studies, 31.08.2019 10:10