In a Sampling Application to Determine the Average Age of Employees

question 12

Multiple Choice

In a sampling application to determine the average age of employees in management positions,the sample estimate was 50 years,reliability was 80 percent,and precision was 10 years.Which of the following would most likely result from an increase in the desired level of reliability to 90 percent?

• A)The sample estimate would increase to 55 years.
• B)The precision interval would be 40 to 60 years.
• C)The precision interval would be 35 to 65 years.
• D)The precision interval would have a lower probability of including the true (unknown)population average.

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Definitions:

Socialist Party

A political party advocating for socialism, which includes the belief in social ownership, democratic control of the means of production, and the political ideology focused on social equality.

Eugene Debs

was an American socialist, political activist, trade unionist, and one of the founding members of the Industrial Workers of the World, as well as a five-time Socialist Party of America presidential candidate.

Nationalize

The process by which a government takes ownership and control of a private industry or assets, typically for the purpose of redistributing wealth and maintaining essential services.

Conservation Movement

A progressive reform movement focused on the preservation andsustainable management of the nation’s natural resources.