Instruction 8-18
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 Instruction 8-18,what is the needed sample size to obtain a 95% confidence interval estimate of the percentage of the targeted young adults who will purchase the new game by allowing the same level of margin of error?

Question

Quizplus · Accepted Answer

The Answer of Instruction 8-18
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 Instruction 8-18,what is the needed sample size to obtain a 95% confidence interval estimate of the percentage of the targeted young adults who will purchase the new game by allowing the same level of margin of error?

Instruction 8-18 a Poll Was Conducted by the Marketing Department of a of a Video