When the Required Sample Size Calculated by Using a Formula

question 74

Multiple Choice

When the required sample size calculated by using a formula is not a whole number, what is the best choice for the required sample size?

• A) Round the result of the calculation in a standard way.
• B) Round the result of the calculation up to the nearest whole number.
• C) Round the result of the calculation down to the nearest whole number.
• D) None of these choices are correct.

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Definitions:

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Global Demand

The total demand for a product or service across all countries and regions around the world.

Liability of Foreignness

This concept describes the challenges and additional costs that companies face when entering and operating in foreign markets, as opposed to their home countries.

Ethnicities

Refers to categories of identity based on cultural traditions, language, and ancestral origins.