In Attributes Sampling, Population Size Has Little or No Effect

question 49

Multiple Choice

In attributes sampling, population size has little or no effect on sample size once the population exceeds approximately:

• A)1,000.
• B)5,000.
• C)100,000.
• D)1,000,000.

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Definitions:

Worker Skill

The expertise, abilities, and competencies that a worker possesses, which determine their capability to perform tasks efficiently and effectively.

Competitive Advantage

The attributes or conditions that allow a company to produce goods or services better or more cheaply than its competitors, leading to a favorable market position.

Transformation Process

The series of actions and operations that convert inputs into outputs, creating products or services in an organization.

Technology

The application of scientific knowledge for practical purposes, especially in industry.