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The brand manager for a brand of toothpaste must plan a campaign designed to increase brand recognition. He wants to first da
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Answer #1

Solution,

Given that,

a) \hat p =  1 - \hat p = 0.5  

margin of error = E = 0.08

At 80% confidence level

\alpha = 1 - 80%

\alpha = 1 - 0.80 =0.20

\alpha/2 = 0.10

Z\alpha/2 = Z0.10 = 1.282

sample size = n = (Z\alpha / 2 / E )2 * \hat p * (1 - \hat p )

= (1.282 / 0.08)2 * 0.5 * 0.5

= 64.20

sample size = n = 65

b) \hat p = 0.86

1 - \hat p = 1 - 0.86 = 0.14

sample size = n = (Z\alpha / 2 / E )2 * \hat p * (1 - \hat p )

= (1.282 / 0.08)2 * 0.86 * 0.14

= 30.91

sample size = n = 31

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