Confidence Intervals

profileva_oy8

You have been assigned to determine whether more people prefer Coke or Pepsi. Assume that roughly half the population prefers Coke and half prefers Pepsi. How large a sample do you need to take to ensure that you can estimate, with 95% confidence, the proportion of people preferring Coke within 2% of the actual value? MUST SHOW WORK IN EXCEL!

    • 6 years ago
    • 15
    Answer(1)

    Purchase the answer to view it

    blurred-text
    NOT RATED
    • attachment
      ExcelAnswer.xlsx