Alpha Geek

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  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

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    Polytechnic State University
    Jan-2012 - Nov-2016

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Category > Statistics Posted 24 May 2017 My Price 7.00

A marketing manager wishes to estimate the proportion of customers

6–93. A marketing manager wishes to estimate the proportion of customers who prefer a new packaging of a product to the old. He guesses that 60% of the customers would prefer the new packaging. The manager wishes to estimate the proportion to within 2% with 90% confidence. What is the minimum required sample size?

6–94. According to Money, a survey of 1,700 executives revealed that 51% of them would likely choose a different field if they could start over.25 Construct a 95% confi- dence interval for the proportion of all executives who would like to start over, assuming the sample used was random and representative of all executives.

6–95.   According to Shape, on the average, 1/2 cup of edamame beans contains 6 grams of protein.26 If this conclusion is based on a random sample of 50 half-cups of edamames and the sample standard deviation is 3 grams, construct a 95% confi- dence interval for the average amount of protein in 1/2 cup of edamames.

Answers

Alpha Geek
(8)
Status NEW Posted 24 May 2017 06:05 AM My Price 7.00

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file 1495607403-Answer.docx preview (249 words )
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