Confidence interval for this percentage


A company manufacturing cds is working on a new technology. A random sample of 718 internet users were asked: "as you may know, some cd's are being manufactured so that you can only make one copy of the CD after you purchase it. Would you buy a CD with this technology, or would you refuse to buy it even if it was one you would normally buy?" Of these users, 62% responded that they would buy the CD.

A) Create a 95% confidence interval for this percentage?

B) If the companuy wants to cut the margin of error in half, how many users they must survey?

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Confidence interval for this percentage
Reference No:- TGS0740410

Expected delivery within 24 Hours