In Estimating a Population Proportion, the Factors That Are Needed

question 67

True/False

In estimating a population proportion, the factors that are needed to determine the required sample size are the confidence level, the margin of error and some idea of what the population proportion is.

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Definitions:

M2 Measure

A category of the money supply that includes all liquid monies like cash and checking deposits, as well as 'near money' such as savings deposits and time deposits.

Unit Banking

A banking system where each bank operates as an independent unit, without branches, providing services to its local community.

Unlimited Branching

A concept in computer science or mathematics referring to a structure or process that can expand in an unlimited number of directions or paths.

Speculative Demand

The demand for an asset or commodity based on the expectation that its price will increase, leading to profits from resale rather than its use or income generation.