It is believed that 28% of U.S. homes have a direct satellite television receiver. How large a sample is necessary to estimate the true population of homes that have a direct satellite television receiver with 90% confidence and within 2 percentage points?
Answer:Given: The Population Proportion $ (p) = 0.28 $The Margin Of Error $ (E) = 0.02 $The Confidence Interval Level $ = 90\% $ Solution:The Significance Level $ (\alpha) : $$ \alpha = 1- 0.90 $$ = 0.10 $ The…