Which of the Following Statements Best Illustrates the Concept of the "Level

question 9

Multiple Choice

Which of the following statements best illustrates the concept of the "level of confidence" or z value chosen in sample size formulae?

• A)By setting z at 1.96 it means that the manager could expect,if she conducted the survey many,many times,the value of p would fall within the sample error range 95 percent of the time.
• B)By setting z at 1.96 it means that the manager could expect,if she conducted the survey many,many times,the value of p would fall within the sample error range 5 percent of the time.
• C)By setting z at 2.58 it means that the manager could expect,if she conducted the survey many,many times,the value of p would fall within the sample error range 95 percent of the time.
• D)By setting z at 1.96 it means that the manager could expect,if she conducted the survey many,many times,the value of p would fall within the sample error range 99 percent of the time.
• E)By setting z at 2.58 it means that the manager could expect,if she conducted the survey many,many times,the value of p would fall within the sample error range 1 percent of the time.

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Definitions:

Plaintiff

An individual or entity who initiates a lawsuit against another party in a court of law.

FRCP 8(b)

A rule in the Federal Rules of Civil Procedure related to the requirements for responding to a pleading.

Allegation

An accusation that an individual has engaged in unlawful or improper actions, often made without evidence.

Banks

Financial institutions licensed to receive deposits and make loans, offering various other financial services such as wealth management, currency exchange, and safe deposit boxes.