In Order to Compute a Skip Interval,the Researcher Needs to Know

question 54

Multiple Choice

In order to compute a skip interval,the researcher needs to know the desired sample size and the __________.

• A)census
• B)incidence rate
• C)stratified sample
• D)population size
• E)none of these

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Definitions:

Contribution Margin Ratio

A financial metric that indicates the portion of sales revenue that exceeds variable costs and contributes to covering fixed costs and generating profit.

Fixed Costs

Costs that remain constant regardless of the amount of goods produced or sold, including expenses like rent, wages, and insurance.

Unit Variable Cost

The cost that varies directly with the production volume, defined per unit of production.

Sensitivity Analysis

An approach to assess how different values of an independent variable can affect a particular dependent variable under a given set of assumptions.