College X Is Concerned About Their Employees Making Use of Their

question 88

Multiple Choice

College X is concerned about their employees making use of their email for non-business purposes.
You have been approached to assist in this matter. College X decides on a 95% confidence level
And state that the estimation proportion must be within 2 percent of the population proportion. A
Pilot survey reveals that 8 out of 50 emails sampled were not for business purposes. How many
Emails should be surveyed to meet your requirements?

• A) 1,291
• B) 707
• C) 498
• D) 2,230
• E) 1,000

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Definitions:

Quantity Theory of Money

The Quantity Theory of Money is an economic theory that asserts the general price level of goods and services is directly proportional to the amount of money in circulation.

Fiscal Policy

Government policy regarding taxation and spending, aimed at influencing economic conditions.

Federal Reserve

The central banking system of the United States, responsible for implementing the country's monetary policy and regulating the banking industry.

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, deposits, and other liquid assets.