The Only Time the Population Size Is Important in the Calculation

question 40

Multiple Choice

The only time the population size is important in the calculation of sample size is:

• A) always; all formulas include N, a count of the total population
• B) when the population is very, very large
• C) when the population is not normal
• D) when the level of accuracy needs to be less than plus or minus 5 percent
• E) when the population is small, relative to the sample size

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Definitions:

Post-industrial Materials

Materials or products that have been reused, recycled, or repurposed from industrial processes, reducing waste and supporting sustainable development.

Short-termism

The focus on immediate gains or results at the expense of long-term benefits, commonly seen in business strategies and investment decisions.

Brand and Reputation

The perception and recognition of a company or product based on qualities, values, and performance, significantly influencing consumer behavior and corporate success.

Brand and Reputation

The distinct identity and public perception of a company or product, shaped by consumer experiences, advertising, and media.