An Amusement Park Owner Is Considering a Survey to Determine

question 68

Multiple Choice

An amusement park owner is considering a survey to determine customer preferences for a new water ride.The owner and the researcher discuss the concept of the level of accuracy.The owner accepts a level of accuracy of ±5 percent.Assuming that the survey finds that 70 percent of the survey respondents indicate they want the ride,what does having a level of accuracy of ±5 percent accuracy actually mean?

• A)that there will be a 5 percent chance that the owner will make the wrong decision as to whether or not to build the new water ride
• B)that the real percentage of the park's customers who prefer the new water ride falls between 0 and 5 percent
• C)that there is a 95 percent chance that the owner will make the right decision as to whether or not to build the new water ride
• D)that the real percentage of the park's customers who prefer the new water ride falls between 65 and 75 percent
• E)that there is a 5 percent chance,±,that the owner will make the right decision

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Definitions:

Golem Effect

A psychological phenomenon where low expectations by superiors lead to a decrease in performance by subordinates.

Low Expectations

Refers to a minimal set of anticipations one holds for an event, outcome, or performance, suggesting skepticism or a defensive approach to avoid disappointment.

Job Performance

Measurement of how well an employee performs their job duties and responsibilities.

Pygmalion Effect

A psychological phenomenon where higher expectations from leaders or teachers lead to an increase in performance among employees or students.