If You Calculate Sample Size with an E of 3

question 23

True/False

If you calculate sample size with an e of 3 percent,and then you decide to change e to 5 percent,the required sample size will go up.

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Definitions:

Revenue

The sum of revenue resulting from the sales of products or services that are central to a company's main business activities.

Comparative Advantage

Comparative advantage refers to the ability of a country to produce a certain good more efficiently and at a lower opportunity cost than another country.

Absolute Advantage

The capacity of a nation, person, or company to generate a greater quantity of a product or service than its rivals with an identical level of resources.

Trade

The exchange of goods, services, or both between parties, often involving the transfer of money.