If a National Survey Finds Candidate a Leads Candidate B

question 1

Multiple Choice

If a national survey finds candidate A leads candidate B by 5 percent in the upcoming election
And the margin of error in the survey is 3 percent,it means that

• A)candidate A leads candidate B by exactly 5 percentage points.
• B)candidate A leads candidate B by anywhere between 2 and 8 percentage points.
• C)candidate A leads candidate B by exactly 3 percentage points.
• D)candidate A and candidate B are statistically tied.

---

Definitions:

Multi-Product Organization

A company that produces and sells more than one type of product, often requiring complex management of resources and market strategies.

Single Product Organization

A business structure focused on the production and sale of one specific type of product.

Activity-Based Costing

An accounting method that assigns costs to products and services based on the activities and resources that go into producing them.

Single Overhead Rate

A method in cost accounting where a single rate is used to allocate each unit of overhead to products or cost objects.