In Using Sampling Distribution for Attributes, Which One of the Following

question 140

Multiple Choice

In using sampling distribution for attributes, which one of the following must be known to evaluate the sample results?

• A) estimated dollar value of the population
• B) standard exception of the values in the population
• C) actual exception rate of the attribute in the population
• D) sample size

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Definitions:

Conglomeration

A corporation that consists of several different companies operating in diverse industries.

Media Conglomerate

A large company that owns numerous companies involved in various media-related activities, such as television, radio, publishing, motion pictures, and the Internet.

Sports Franchise

A professional sports team that is part of a larger league and operates as a commercial enterprise, often owned by an individual, corporation, or group.

Restaurant Chain

A group of related restaurants in different locations that share a common brand, identity, and ownership, offering a similar menu of food and drink items.