Compute the sample size required to carry out a marketing research analysis with a dichotomy question if we want an error no greater than +/-4%, knowing that the population size is larger than 200000 individuals and using a confidence level of 95% with a normal approximation (using the maximum variance p=q=0,5

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.2: Expected Value And Variance Of Continuous Random Variables
Problem 10E
icon
Related questions
Question

Compute the sample size required to carry out a marketing research analysis with a dichotomy question if we want an error no greater than +/-4%, knowing that the population size is larger than 200000 individuals and using a confidence level of 95% with a normal approximation (using the maximum variance p=q=0,5

 

Answer is 625 

Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

Blurred answer
Recommended textbooks for you
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,