Evaluate the Following Generalization(s), Identifying Sample, Population, Attribute of Interest

question 53

Essay

Evaluate the following generalization(s), identifying sample, population, attribute of interest, and the extent to which the claims involved are knowable. Consider carefully the size and diversification of the sample and the extent to which the population differs or may differ from the sample; remember, what's important is that the sample be representative.
A poll of fifty weight lifters at a southern California gym determined that thirty-three payed close attention to their diets as well as to their exercise. Of those thirty-three, twenty-five (50 percent of the original fifty) made it a point to eat more than the minimum daily amount of protein for large adults, and twenty (40 percent of the original fifty) took vitamin pills and other dietary supplements. The chain of health-food stores that took the poll concluded that weight lifters constitute a substantial market for its products, since it is likely that 40 percent of all weight lifters across the country take vitamin pills and supplements and that an additional 10 percent are at least highly conscious of their diets.

Recognize the significance of the general duty clause under OSHA.

Understand the eligibility for workers' compensation benefits and the limitations of such benefits.

Recognize the role of the National Institute for Occupational Safety and Health (NIOSH) in workplace safety.

Understand the structure and key components of the ACA Code of Ethics.

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Definitions:

Operating Income

Income generated from the regular operating activities of a business, excluding revenues and expenses from non-operating sources like investments.

Income Tax Rate

The rate at which a person or business pays taxes on their earnings.

Net Income

Net Income is the total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue, indicative of the company's profitability.

Domestic Corporations

Companies that are incorporated and operate in the same country where they were established.