Question

You have been asked by your new boss at Belk's to do a survey of customers...

You have been asked by your new boss at Belk's to do a survey of customers on their preference of the location of the customer service desk. She would like a 95% confidence interval with a margin of error of 0.09. How many people do you need to survey?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

The required CI level is 95%, hence the respective z-value for the given CI level is 1.96

Here the ME for a CI of proportion is given.
As initial value of p is not given, we assume it as 0.5
p = 0.5
ME = 0.09

Now using the ME formula,
ME = z * sqrt(p*(1-p)/n)

n = (z/ME)^2 * p * (1-p)
n = (1.96/0.09)^2 * 0.5 * 0.5
n = 118.6
n = 119 (rounding to the whole number)

Add a comment
Know the answer?
Add Answer to:
You have been asked by your new boss at Belk's to do a survey of customers...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • You have been asked by your boss to manage the development of a new after-sale service...

    You have been asked by your boss to manage the development of a new after-sale service for an automobile dealer. What are the various roles that need to be filled on your planning team? What types of questions can a project manager ask to determine the priority of an assigned project? What adaptive decision making activities might characterize the Christian manager?

  • 1,600 college freshmen were randomly selected for a national survey. Among survey participants, the mean grade-point...

    1,600 college freshmen were randomly selected for a national survey. Among survey participants, the mean grade-point average (GPA) was 3 , and the margin of error was 0.0343% for the 95% confidence interval. If we want to get a 85% confidence interval with a small margin of error 15%. How many students do you need to select? Remember that our answer is about actual people -- to answer this question you must round your number up to the nearest whole...

  • An automobile manufacturer would like to know what proportion of its customers are not satisfied with...

    An automobile manufacturer would like to know what proportion of its customers are not satisfied with the service provided by the local dealer. The customer relations department will survey a random sample of customers and compute a 96% confidence interval for the proportion who are not satisfied. Past studies suggest that this proportion will be about 0.29. Find the sample size needed if the margin of the error of the confidence interval is to be about 0.01. (You will need...

  • An automobile manufacturer would like to know what proportion of its customers are dissatisfied with the...

    An automobile manufacturer would like to know what proportion of its customers are dissatisfied with the service received from their local dealer. The customer relations department will survey a random sample of customers and compute a 95% confidence interval for the proportion that are dissatisfied. From past studies, it believes that this proportion will be about 0.24. Find the sample size needed if the margin of error of the confidence interval is to be no more than 0.03. (Round your...

  • An automobile manufacturer would like to know what proportion of its customers are dissatisfied with the...

    An automobile manufacturer would like to know what proportion of its customers are dissatisfied with the service received from their local dealer. The customer relations department will survey a random sample of customers and compute a 95% confidence interval for the proportion that are dissatisfied. From past studies, it believes that this proportion will be about 0.29. Find the sample size needed if the margin of error of the confidence interval is to be no more than 0.035. (Round your...

  • 3.2905 An automobile manufacturer would like to know what proportion of its customers are not satisfied...

    3.2905 An automobile manufacturer would like to know what proportion of its customers are not satisfied with the service provided by the local dealer. The customer relations department will survey a random sample of customers and compute a 99.9% confidence interval for the proportion who are not satisfied. (a) Past studies suggest that this proportion will be about 0.19. Find the sample size needed if the margin of the error of the confidence interval is to be about 0.01. (You...

  • 2.5758 An automobile manufacturer would like to know what proportion of its customers are not satisfied...

    2.5758 An automobile manufacturer would like to know what proportion of its customers are not satisfied with the service provided by the local dealer. The customer relations department will survey a random sample of customers and compute a 99% confidence interval for the proportion who are not satisfied. (a) Past studies suggest that this proportion will be about 0.19. Find the sample size needed if the margin of the error of the confidence interval is to be about 0.015. (You...

  • A survey of 25 randomly selected customers found that their average age was 31.84 years with...

    A survey of 25 randomly selected customers found that their average age was 31.84 years with a standard deviation of 9.84 years. What would the critical value t* be for a 95% confidence interval with 99 degrees of freedom? What would the margin of error be for a 95% confidence interval for this data (with the sample size of 25)? Construct a 95% confidence interval for the mean age of all customers for this data (with the sample size of...

  • 1 point) 3.0902 An automobile manufacturer would like to know what proportion of its customers are...

    1 point) 3.0902 An automobile manufacturer would like to know what proportion of its customers are not satisfied with the service provided by the local dealer. The customer relations department will survey a random sample of customers and compute a 99.8% confidence interval for the proportion who are not satisfied. (a) Past studies suggest that this proportion will be about 0.27. Find the sample size needed if the margin of the error of the confidence interval is to be about...

  • When a survey asked subjects whether they would be willing to accept cuts in their standard...

    When a survey asked subjects whether they would be willing to accept cuts in their standard of living to protect the​ environment, 370 of 1150 subjects said yes. (a) Find the point estimate of the proportion of the population who would answer yes. (b) Find the margin of error for a​ 95% confidence interval. (c) Construct the​ 95% confidence interval for the population proportion. What do the numbers in this interval​ represent?

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT