When Determining the Sample Size for a Proportion for a Given

question 116

Multiple Choice

When determining the sample size for a proportion for a given level of confidence and sampling error,the closer to 0.50 that is estimated to be,the sample size required_____ .

• A)is smaller
• B)is larger
• C)is not affected
• D)can be smaller,larger or unaffected

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Definitions:

Price Discrimination

A pricing tactic in which a provider offers the same or similar services or goods at different price points in various markets.

Arbitraging

The practice of buying and selling the same asset in different markets to profit from price differences.

Differentiated Products

Differentiated Products are products that are similar but distinguished from each other through branding, design, quality, or other features.

Monopolistic Competitor

A market structure in which many firms offer products or services that are similar, but not perfect substitutes, allowing for some degree of market power and price setting.