Many states are carefully considering steps that would help them collect sales taxes on items purchased throughout the internet.
How many randomly selected sales transactions must be surveyed to determine the percentage that transpired over the internet? Assume that we want to be 95% confident that the sample percentage is within 5 percentage points of the true population percentage for all sales transactions.

Question

Many states are carefully considering steps that would help them collect sales taxes on items purchased throughout the internet.
How many randomly selected sales transactions must be surveyed to determine the percentage that transpired over the internet? Assume that we want to be 95% confident that the sample percentage is within 5 percentage points of the true population percentage for all sales transactions.

dan815 · Answer

@swissgirl

dan815 · Answer

I believe you have to use central limit theorem

swissgirl · Answer

ya but we are not working with like any information tbh

swissgirl · Answer

Like whats the sample like???

swissgirl · Answer

ahhh we are trying to determine the sample size ... whoops

swissgirl · Answer

Dan what wld our population be? A single state or the entire USA?

swissgirl · Answer

This question is pretty vague

swissgirl · Answer

http://www.nss.gov.au/nss/home.nsf/pages/Sample+size+calculator Here is a sample size calculator Im just not sure what is our population tbh

anonymous · Answer

I figured it out, but thank you!

swissgirl · Answer

Hey what was the answer ... Can ya tell me????

anonymous · Answer

lol