To Calculate Sampling Error for a Proportion, Which of the Following

question 60

Multiple Choice

To calculate sampling error for a proportion, which of the following pieces of information is NOT needed?

• A) The z-score representing the desired degree of confidence.
• B) The number of valid cases overall for the proportion.
• C) The sample standard deviation.
• D) The relevant proportion obtained from the sample.
• E) All of the above are relevant and necessary pieces of information for the calculation of sampling error for a proportion.

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Definitions:

Capital Lease

A lease agreement that is classified as a purchase by the lessee for accounting purposes, as it transfers substantially all risks and rewards of ownership.

Expense Charged

An amount incurred by a business as a result of its operational activities.

Expense Recognition

The accounting principle that dictates expenses should be recorded in the period in which they are incurred, not necessarily when they are paid.

Capital Lease

A lease classified as an asset on a lessee's balance sheet, indicating the lessee has substantial control over the asset.