Statisticians Have Found That It Takes a Sample Size of About

question 10

Multiple Choice

Statisticians have found that it takes a sample size of about _____ to fulfill the assumption of parametric statistics that the sample is large enough to represent the population.

• A)60
• B)30
• C)25
• D)20

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Definitions:

Call Centre

A centralized office used for the purpose of receiving or transmitting a large volume of requests by telephone, often related to customer service.

EVA

Economic Value Added represents a metric for assessing a company's financial success, determined by subtracting the cost of capital from the operating profit to calculate the leftover wealth.

Residual Income

Income that remains after all personal debts and expenses have been paid, or in corporate finance, the amount of net income left over after paying out dividends to shareholders.

Weighted Average Cost of Capital

A calculation of a firm's cost of capital in which each category of capital (debt, equity, etc.) is proportionately weighted, reflecting the cost of financing new projects based on the company's existing capital structure.