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In a very large school district student records have been kept in three distinct data bases, one each for elementary, middle, and high school. Because of this, data entry errors tend to be compounded as students move through the grades. The district now has a new data base and wishes to fix the original data entry errors. To allocate enough secretarial time to this task, an estimate of the proportion of records that contain errors must be made. Initial estimates are that there are fixable errors in about 15% of the records. Based on the 15% assumption, compute the sample size required to estimate the true proportion of records with errors to within .025 with 95% confidence.
Trade Libel
The publication of false statements about another’s product or business that causes economic loss, considered a form of defamation.
Trade Secret
Information, including formulas, practices, designs, instruments, or patterns, that is not generally known or readily ascertainable, and by which a business can obtain an economic advantage over competitors or customers.
Secret Formula
A proprietary method or recipe that is kept hidden to maintain competitive advantage or uniqueness.
Compilation of Information
The process of gathering and organizing data from various sources into a single document or database.
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