Answer:
a: 1037 is the minimum sample size needed
b: 712 is the minimum sample size needed
Step-by-step explanation:
We need to use the formula for minimum sample size of a proportion when a sample proportion is known.
The level of confidence is 99%, which has a corresponding z-value of 2.575.
We know the desired error is 4%, or 0.04.
Part a: We have no prior estimate. See attached photo for calculation
Part b:
We know p-hat = 0.22. Therefore q-hat = 1 - 0.22 = 0.78
See the attached photo for the calculation of the minimum sample size
Answer:
a) Real range of employees hired by each organization surveyed = 56
b) The cumulative percent of "new" employees with the lowest tenure = 30%
Step-by-step explanation:
a) Note: To get the real range of employees hired by each organization, you would do a head count from 34 to 89 employees. This means that this can be done mathematically by finding the difference between 34 and 89 and add the 1 to ensure that "34" is included.
Real range of employees hired by each organization surveyed = (89 - 34) + 1
Real range of employees hired by each organization surveyed = 56
b) It is clearly stated in the question that the "new" employee status was mostly reserved for the 30% of employees in the organization with the lowest tenure.
Therefore, the cumulative percent of "new" employees with the lowest tenure = 30%
I think it’s D I hope this helps!!!