In: Statistics and Probability
You live near a Mac Donnel’s and want to estimate the proportion, p, of your neighbors who go there on a typical day.
a. How many people in your neighborhood should you include in your random sampling to be 94% sure that you are within 1% of the population proportion? ___________.
b. If 23 out of 45 of Crista’s neighbors visit Mac Donnel’s every day, how many people should be included in your random sampling to be 86% sure that you are within 2% of the population proportion? _________