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August 23, 2014

Homework Help: Statistics

Posted by Anonymous on Monday, November 22, 2010 at 12:46pm.

A research group conducted an extensive survey of 3078 wage and salaried workers on issues ranging from relationships with their bosses to household chores. The data were gathered through hour-long telephone interviews with a nationally representative sample. In response to the question, "What does success mean to you?" 1482 responded, "Personal satisfaction from doing a good job." Let p be the population proportion of all wage and salaried workers who would respond the same way to the stated question. How large a sample is needed if we wish to be 95% confident that the sample percentage of those equating success with personal satisfaction is within 1.4% of the population percentage? (Hint: Use p ≈ 0.48 as a preliminary estimate. Round your answer up to the nearest whole number.)

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