Which of the Following Is True of the Equation [N $\frac { \pi ( 1 - \pi ) } { E ^ { 2 } }$

question 29

Multiple Choice

Which of the following is true of the equation [n ? (z?/2) 2 $\frac { \pi ( 1 - \pi ) } { E ^ { 2 } }$ ] for computing the sample size required to achieve a desired confidence interval half-width for a proportion?

• A) The sample size calculated will only be an approximation.
• B) The standard deviation need not be calculated first in order to compute the sample size.
• C) The value for ? is always set at 1.
• D) The most conservative estimate for ? is 0.5.

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Definitions:

Fair Value

The estimated market value of an asset or liability, reflecting what it could be bought or sold for in a current transaction between willing parties.

Compounded Semi-Annually

A method of interest calculation where the interest on the initial principal and any accumulated interest is calculated twice a year.

Future Value

The value of an investment at a specified date in the future, considering factors like interest rates and time.

Compounded Semi-Annually

Interest calculation method where the compounding occurs twice a year, impacting the total interest earned or paid on investments or loans.