TABLE 17-2 A Political Pollster Randomly Selects a Sample of 100 Voters

question 34

Multiple Choice

TABLE 17-2
A political pollster randomly selects a sample of 100 voters each day for 8 successive days and asks how many will vote for the incumbent. The pollster wishes to construct a p chart to see if the percentage favoring the incumbent candidate is too erratic.
-Referring to Table 17-2, what is the numerical value of the center line for the p chart?

• A) 0.53
• B) 0.56
• C) 0.63
• D) 0.66

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Definitions:

Activity Level

In cost accounting, the volume of output or production that impacts the cost of a specific activity.

Direct Materials

Raw materials that are directly traceable to the manufacturing of a specific product and constitute a significant part of the product’s cost.

Direct Labor

The wages and expenses directly associated with the manufacturing of goods or provision of services, including the work of employees on the production line.

Variable Costs

Costs that vary in direct proportion to changes in levels of production or sales, such as raw materials and labor expenses.