Use the Given Data to Find the Minimum Sample Size $$\text { Margin of error: } 0.028 \text {; confidence level: } 99 \% ; \hat { p } \text { and } \hat { q } \text { unknown }$$

question 133

Multiple Choice

Use the given data to find the minimum sample size required to estimate the population proportion.
- $$\text { Margin of error: } 0.028 \text {; confidence level: } 99 \% ; \hat { p } \text { and } \hat { q } \text { unknown }$$

• A) 2115
• B) 2223
• C) 1939
• D) 1116

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Definitions:

Sales Commissions

Fees paid to salespeople or brokers for facilitating or closing sales, usually calculated as a percentage of the sales value.

Direct Labor

The wages or costs associated with employees who directly contribute to the manufacture of a product or delivery of a service.

Direct Materials

Materials directly linked to the production of a product, representing a major part of the manufacturing cost.

Manufacturing Overhead

The indirect factory-related costs incurred when producing a product, which may include costs related to utilities, depreciation, and salaries for factory management.