View the step-by-step solution to:

A study conducted several years ago reported that 21 percent of public accountants changed companies within 4 years. The American Institute of CPAs...

A study conducted several years ago reported that 21 percent of public accountants changed companies within 4 years. The American Institute of CPAs would like to update the study. They would like to estimate the population proportion of public accountants who changed companies within 4 years with a margin of error of 4% and a 98% level of confidence. (Round your z value to 3 decimals. Round up your answers to the next whole number.)

 

  1. To update this study, the files of how many public accountants should be studied?
  2. How many public accountants should be contacted if no previous estimates of the population proportion are available?

Top Answer

The way to approach this... View the full answer

Sign up to view the full answer

Other Answers

1.The number of public accountants need be studied is 561. 2.The... View the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online