Chapter 8: Q.36 (page 479)
Using the same mean, standard deviation, and level of confidence, suppose that n were 69 instead of 25. Would the error bound become larger or smaller? How do you know?
Short Answer
The error bound will become smaller.
Chapter 8: Q.36 (page 479)
Using the same mean, standard deviation, and level of confidence, suppose that n were 69 instead of 25. Would the error bound become larger or smaller? How do you know?
The error bound will become smaller.
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Suppose an internet marketing company wants to determine the current percentage of customers who click on ads on their smartphones. How many customers should the company survey in order to be % confident that the estimated proportion is within five percentage points of the true population proportion of customers who click on ads on their smartphones?
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In words, define the random variable .
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