Answer to Question #42116 in Statistics and Probability for surya

Question #42116
A random sample of 30 companies dealing in network products was selected to determine the proportion of such companies that have implemented new software to improve productivity. It turned out that 8 had implemented such software. Find a 95% confidence interval on p, the true proportion of such companies that have implemented new software and how many companies would need to be sampled in order to have a 95% confident that the estimate of p is within 0.05 of the true value?
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Expert's answer
2014-05-08T11:36:47-0400
The answer to the question is available in the PDF file https://www.assignmentexpert.com/https://www.assignmentexpert.com/homework-answers/mathematics-answer-42116.pdf

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