The proportion of public accountants who have changed companies within the last three years is to...

50.1K

Verified Solution

Question

Basic Math

The proportion of public accountants who have changed companieswithin the last three years is to be estimated within 5%. The 99%level of confidence is to be used. A study conducted several yearsago revealed that the percent of public accountants changingcompanies within three years was 23. (Use z Distribution Table.)(Round the z-values to 2 decimal places. Round up your answers tothe next whole number.)

a. To update this study, the files of how many publicaccountants should be studied? b. How many public accountantsshould be contacted if no previous estimates of the populationproportion are available?

Answer & Explanation Solved by verified expert
3.8 Ratings (715 Votes)
Solution Given thata 23 0231 1 023 077margin of    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students