The Proportion of Junior Executives Leaving Large Manufacturing Companies Within

question 86

Multiple Choice

The proportion of junior executives leaving large manufacturing companies within three years is to
Be estimated within 3 percent. The 0.95 degree of confidence is to be used. A study conducted
Several years ago revealed that the percent of junior executives leaving within three years was 21.
To update this study, the files of how many junior executives should be studied?

• A) 594
• B) 612
• C) 709
• D) 897

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Definitions:

Marginal Costs

The rise in overall expenses resulting from the production of an extra unit of a product or service.

Studying Economics

The academic pursuit focused on understanding how individuals, businesses, and governments make choices on allocating scarce resources to satisfy their unlimited wants.

Marginal Benefit

The heightened pleasure or utility a person obtains from the additional consumption of a unit of a good or service.

Gadgets Production

The process of creating and manufacturing devices, often electronic, that are designed to perform a particular function or task.