What Three Factors Are Needed to Calculate Sample Size

question 37

Multiple Choice

What three factors are needed to calculate sample size?

• A)variability,accuracy,and confidence level
• B)variability,accuracy,and population size
• C)accuracy,confidence level,and population size
• D)accuracy,population size,and costs
• E)variance,standard deviation,and dispersion

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Definitions:

Elasticity of Demand

A measure of how the quantity demanded of a good or service changes in response to a change in its price.

Senior-Citizen Discounts

Reduced prices offered to elderly customers, typically those who have reached a specified age, as a benefit or marketing tool.

Cash Rebates

A refund or discount on the purchase price of a product or service, often used as a promotional tactic by retailers and manufacturers.

Software Upgrade

The process of replacing an existing software with a newer or better version to improve functionality or fix issues.