We Are Interested in Conducting a Study in Order to Determine

question 52

Multiple Choice

We are interested in conducting a study in order to determine what percentage of voters of a state would vote for the incumbent governor. What is the minimum size sample needed to estimate the population proportion with a margin of error of 0.05 or less at 95% confidence?

• A)200
• B)100
• C)58
• D)385

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Definitions:

Great Depression

A severe worldwide economic downturn that lasted throughout the 1930s, marked by high unemployment and deflation.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations and marked by significant events and battles across various continents.

Automatic Stabilizer

A government policy or program designed to counteract fluctuations in the nation's economic activity without intervention by policymakers, thereby stabilizing the economy over the business cycle.

Unemployment Insurance

A government program that provides financial assistance to unemployed workers who have lost their jobs through no fault of their own.