A Sample of 1,108 Was Used to Estimate a Proportion

question 9

Multiple Choice

A sample of 1,108 was used to estimate a proportion with 98% confidence. If p = 0.5, what was the amount of error?

• A) 0.040
• B) 0.025
• C) 0.035
• D) 0.028

Recognize the importance of ethics in decision-making within organizations.

Identify the characteristics and implications of supranational laws on member states.

Understand the impact of government control over resources on property rights.

Understand the concept of net present value and its application in investment decision-making.

---

Definitions:

Employee Motivation

The level of energy, commitment, and creativity that a company's workers bring to their jobs.

Performance Expectations

Standards set by an organization or manager to define the desired level of performance from employees.

Performance Appraisal

The assessment of an employee's job performance and overall contribution to a company.

Selling Skills

Abilities and techniques that enable an individual to effectively persuade customers to purchase products or services.