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  Thirty-two percent of all Americans drink bottled water more than once a week (Natural resources Defense Council, December 4, 2015)

Business Nov 17, 2020

 

Thirty-two percent of all Americans drink bottled water more than once a week (Natural resources Defense Council, December 4, 2015). Suppose you have been hired by the Natural Resources Defence Council to investigate bottled water consumption in St. Paul. You plan to select a sample of St. Paulites to estimate the proportion who drink bottled water more than once a week. Assume the popluation proportion of St. Paulites who drink bottled water more than once a week is , the same as the overall proportion of Americans who drink bottled water more than once a week. Use z-table.
b. Based upon a sample of  St. Paulites, what is the probability that the sample proportion will be within  of the population proportion (to 4 decimals).
probability 
 d. Based upon a smaller sample of only  St. Paulites, what is the probability that the sample proportion will be within  of the population proportion (to 4 decimals).
probability 
c.As measured by the increase in probability, how much do you gain in precision by taking the larger sample in parts (a) and (b) rather than the smaller sample in parts (c) and (d)?
-Reduced byIncreased ?
-Have gain in precision by increasing the sample.Have gain in precision by decreasing the sample.Item 9 

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