What Three Factors Are Needed to Calculate Sample Size

question 12

Multiple Choice

What three factors are needed to calculate sample size?

• A)Variability,precision,and confidence.
• B)Variability,precision,and population size.
• C)Precision,confidence,and population size.
• D)Precision,population size,and costs.
• E)None of the above.

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Definitions:

Total Costs

The aggregate amount of all expenses associated with the production of a good or the operation of a business.

Larger Firms

Companies or businesses that employ a large number of workers and typically have a substantial volume of business operations and market influence.

Health Insurance

A form of insurance coverage that pays for an individual's or group's medical and surgical expenses or reimburses losses from sickness.

Noncontingent Basis

A situation or condition not dependent on certain events, conditions, or actions in order to occur or be valid.