A Researcher Wants to Make a 99% Confidence Interval for a Population

question 20

Short Answer

A researcher wants to make a 99% confidence interval for a population proportion.The most conservative estimate of the sample size that would limit the margin of error to be within 0.033 of the population proportion is:

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Definitions:

Employer

An individual or organization that hires and pays people to work.

Wages Expense

The total cost incurred by an organization to pay salaries and wages to its employees for a specific period.

Accrued Liability

A liability that has been incurred, is recognized on the balance sheet, and has not yet been paid.

Deferred Revenues

Deferred revenues are payments received by a company for goods or services that have not yet been delivered or performed, recognized as liabilities on the balance sheet.