Acme is a large manufacturer of video games. They are designing a survey to determine consumer attitudes toward video games. As part of this study they wish to determine the percentage of households owning video games and the average usage rate per week. The research department wants to be 95% confident of the results and does not want the error to exceed 3 percentage points for video game ownership and 1 hour for average usage rate. Previous reports indicate that about 20% of the households own video games and that the average usage rate is 15 hours with a standard deviation of 5 hours.
Attachment:- 328073_1_MKT412-Homework3-due-7.11.13.pdf