3. A man bought a car for $60 320. After using it for 2 years he decides to trade in the car. The company estimated a depreciati
1 answer:
You might be interested in
Answer:
<em>The large sample n = 117.07</em>
Step-by-step explanation:
<u><em>Step(i):-</em></u>
Given that the estimate error (M.E) = 0.08
The proportion (p) = 0.75
q =1-p = 1- 0.75 =0.25
Level of significance = 0.05
Z₀.₀₅ = 1.96≅ 2
<u><em>Step(ii):-</em></u>
The Marginal error is determined by
M.E =
Cross multiplication , we get
√n =
squaring on both sides , we get
n = 117.07
<u><em>Final answer:-</em></u>
<em>The large sample n = 117.07</em>