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

question 136

Multiple Choice

Use the given data to find the minimum sample size required to estimate the population proportion.
-Margin of error: 0.04; confidence level: 95%; from a prior study, $\hat { p }$ is estimated by the decimal equivalent of 60%.

• A) 1441
• B) 996
• C) 519
• D) 577

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Definitions:

Foreign Subsidiary

A company that is owned or controlled by another company located in a different country, operating as an extension of the parent corporation abroad.

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business operation.

Policies Disagreement

Situations where individuals or groups have conflicting opinions or interpretations regarding organizational rules or strategies.