A Work Sampling Study Requires an Acceptable Error Level of 10

question 30

Multiple Choice

A work sampling study requires an acceptable error level of 10% and z = 2 for 95.45% confidence. The adequate sample size is ________ if the sample proportion is thought to be as large as 50%, but ________ if the sample proportion is thought to be about 20%.

• A) 50;20
• B) 100; 64
• C) 100; 16
• D) 20; 50
• E) cannot be determined from the information given

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Definitions:

Supply

The total amount of a product or service that is available to consumers.

Demand

The consumer's desire to purchase goods and services and willingness to pay a price for a specific good or service.

Cross Elasticity

A measure of how the quantity demanded of one good responds to a change in price of another good.

Dress Shirts

A type of shirt designed to be worn with formal attire, characterized by a collar, buttons, and long sleeves.