After Calculating the Sample Size Needed to Estimate a Population

question 90

Short Answer

After calculating the sample size needed to estimate a population proportion to within 0.05, you have been told that the maximum allowable error must be reduced to just 0.025. If the original calculation led to a sample size of 1000, the sample size will now have to be: $\begin{array}{|l|l|}\hline\text { A. } & 2000 . \\\hline \text { B. } & 4000 . \\\hline \text { C. } & 1000 . \\\hline \text { D. } & 8000 . \\\hline\end{array}$

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Definitions:

Capital Intensity Ratios

Ratios that measure the extent to which a company is deploying its assets in its business operations.

Inventories

Stock of goods or materials held by a company, intended for sale or used in production processes.

Financial Ratios

Quantitative measures derived from financial statement analysis used by stakeholders to evaluate a company's financial performance and health.

AFN Formula

The Additional Funds Needed (AFN) formula is used to determine the additional amount of external financing a company will need for future growth and expansion.