Use the Given Data to Find the Minimum Sample Size $\hat { p }$

question 41

Multiple Choice

Use the given data to find the minimum sample size required to estimate the population proportion.
-Margin of error: 0.07; confidence level: 90%; from a prior study, $\hat { p }$ is estimated by 0.30.

• A) 116
• B) 103
• C) 8
• D) 348

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Definitions:

Corporate Policy

Guidelines or principles set by a company to direct the actions and decision-making of its employees and management.

Outcome-Based Ethics

An ethical framework that focuses on the results or consequences of actions to determine their moral value, rather than the actions themselves.

Potential Benefits

The possible advantages or positive outcomes that may result from a particular action or policy.

Decision Makers

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