Which of the Following Is the Most Correct Method of Determining

question 52

Multiple Choice

Which of the following is the most correct method of determining sample size?

• A)percentage of population approach
• B)all that can be afforded approach
• C)all that time will permit approach
• D)using the "100" for local study;"1,000" for national study approach
• E)the confidence interval approach

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Definitions:

Special Unit Price

A unique price offered for a product or service, typically different from the standard pricing.

Regular Sales Price

Regular sales price refers to the standard price set for a product or service before any discounts or promotions are applied.

Salvage Value

An estimate of an asset’s value at the end of its useful life.

Incremental Analysis

The process of identifying the financial data that change under alternative courses of action.