SCENARIO 8-11
A poll was conducted by the marketing department of a video game company to determine
the popularity of a new game that was targeted to be launched in three months.Telephone
interviews with 1,500 young adults were conducted which revealed that 49% said they would
purchase the new game.The margin of error was 3 percentage points.
-Referring to Scenario 8-11, what is the needed sample size to obtain a 95% confidence
interval in estimating the percentage of the targeted young adults who will purchase the new
game to within
5%?

Question

SCENARIO 8-11
A poll was conducted by the marketing department of a video game company to determine
the popularity of a new game that was targeted to be launched in three months.Telephone
interviews with 1,500 young adults were conducted which revealed that 49% said they would
purchase the new game.The margin of error was  3 percentage points.
-Referring to Scenario 8-11, what is the needed sample size to obtain a 95% confidence
interval in estimating the percentage of the targeted young adults who will purchase the new
game to within  
5%?

Quizplus · Accepted Answer

The Answer of SCENARIO 8-11
A poll was conducted by the marketing department of a video game company to determine
the popularity of a new game that was targeted to be launched in three months.Telephone
interviews with 1,500 young adults were conducted which revealed that 49% said they would
purchase the new game.The margin of error was  3 percentage points.
-Referring to Scenario 8-11, what is the needed sample size to obtain a 95% confidence
interval in estimating the percentage of the targeted young adults who will purchase the new
game to within  
5%?

SCENARIO 8-11 a Poll Was Conducted by the Marketing Department of a of a Video