Instruction 8-20 A Business and Management Magazine Conducted a Survey on Employees

question 110

Short Answer

Instruction 8-20
A business and management magazine conducted a survey on employees cheating on their expense reports and other unethical conduct. In the survey of 200 managers, 58% of the managers have caught employees cheating on an expense report, 50% have caught employees working a second job on company time, 22% have caught employees listing a "strip bar" as a restaurant on an expense report, and 19% have caught employees giving a kickback to a customer.
-Referring to Instruction 8-20,the sampling error of a 95% confidence interval estimate of the population proportion of managers who have caught employees cheating on an expense report is ________.

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Definitions:

Book Values

The net value of a company's assets, subtracting the total liabilities from the total assets.

Market Values

The value at which an asset is exchanged in a competitive auction scenario.

Market-To-Book Ratio

A financial ratio comparing a company's market value to its book value, used to assess valuation.

Market Price Per Share

The current price at which a share of stock can be bought or sold on the open market.