What is your estimate of the population size?, business and finance homework help

Assume that you are interested in doing a statistical survey and using confidence intervals for your conclusion. Describe a possible scenario and indicate what the population is, and what measure of the population you would try to estimate (proportion or mean) by using a sample.

  • What is your estimate of the population size?
  • What sample size will you use? Why?
  • How will you gather information for your sample? Describe your process.
  • What confidence percentage will you use? Why?

Assume that you have completed the survey and now state your results using a confidence interval statement. You can make up the numbers based on a reasonable result.

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