An automotive manufacturer wants to know the proportion of new car buyers who prefer foreign cars over domestic. In an earlier study, the population proportion was estimated to be 0.28. How large a sample would be required in order to estimate the fraction of new car buyers who prefer foreign cars at the 90% confidence level with an error of at most 0.03? Round your answer up to the next integer.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
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Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
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An automotive manufacturer wants to know the proportion of new car buyers who prefer foreign cars over domestic. In an earlier study, the population proportion was
estimated to be 0.28.
How large a sample would be required in order to estimate the fraction of new car buyers who prefer foreign cars at the 90 % confidence level with an error of at most
0.03? Round your answer up to the next integer.
Transcribed Image Text:An automotive manufacturer wants to know the proportion of new car buyers who prefer foreign cars over domestic. In an earlier study, the population proportion was estimated to be 0.28. How large a sample would be required in order to estimate the fraction of new car buyers who prefer foreign cars at the 90 % confidence level with an error of at most 0.03? Round your answer up to the next integer.
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