Solve the Problem. -For the Study Described Below, Identify the Sample Statistic. 1500

question 171

Multiple Choice

Solve the problem.
-For the study described below, identify the sample statistic. 1500 American women working for large companies were polled to determine the percentage that
Felt that women were under represented in management positions in their company.

• A)The number of women polled.
• B)The 1500 women polled
• C)The percentage of women in the sample who feel that women are under represented in management positions in their company.
• D)The percentage of American women working for large companies who feel that women are under represented in management positions in their company.

---

Definitions:

Shortage Cost

Costs incurred from not having enough inventory or resources to meet demand, leading to potential lost sales.

Storage Costs

Expenses incurred for storing goods or materials until they are used or sold, which can impact a company's overall profitability.

Insurance Cost

Insurance cost is the expense incurred in purchasing insurance policies, offering protection against potential financial losses.

Safety Reserves

Funds or stocks kept on hand by an organization or individual as a buffer against potential shortfalls or emergencies.