Examlex

Solved

A Typical Opinion Poll Uses a Sample Size of Between

question 48

Multiple Choice

A typical opinion poll uses a sample size of between 1000 and 1500 people. The Current Population Survey samples 50,000 households every month to gather data on employment and unemployment. The main advantage of the much larger sample is that:


Definitions:

General-Purpose

Designed or suitable for a range of uses or applications rather than a specific one.

External Users

Individuals or entities outside of a company who use its financial information, such as investors, creditors, or regulatory agencies.

Managerial Accounting Reports

Managerial accounting reports provide detailed financial and operational information to managers, aiding in decision-making processes.

Special-Purpose

Designed or used for a specific reason or task, often referring to equipment, vehicles, or financial instruments tailored for particular needs.

Related Questions