THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 80

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A corporation has 30 outlets in the North,40 in the South,60 in the Midwest,and 45 in the West.Using a proportional allocation of a random sample of 20% of the outlets,the manager records the following means and standard deviations.

-A sales representative has 850 accounts.She is interested in determining the proportion of her accounts that have placed an order within the past month.For a standard deviation of 0.5,how large a sample should she take in order to estimate the population proportion within five percent at a 95% level of confidence?

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Definitions:

Known Third Parties

Individuals or entities that are not directly involved in a contract but are known by the parties to be affected by the contract's execution.

Deliberately Falsified

Intentionally altered or distorted information, data, or documents to deceive or mislead.

Uniform Probate Code

A set of laws designed to standardize the process of administering a deceased person's estate across different jurisdictions.

Devise

Real property that is left in a will. In states that have adopted the Uniform Probate Code, the term refers to both real and personal property.