HW14-Chapters 7-10 1 A study conducted several years ago reported that 23 percent of public accountants changed companies within 2 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 2 years with a margin of error of 2% and a 98 percent level of confidence. (Use z Distribution Table) Note: Round your z-value to 2 decimals. Round up your answers to the next whole number. Required: 10 points a. To update this study, how many public accountants should be contacted? Sample size b. How many public accountants should be contacted if no previous estimates of the population proportion are available? Sample size
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We are given the following information: * The margin of error is 2%. * The confidence level is 98%. * The population proportion is unknown. Show moreā¦
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