Consider the Following to Answer the Question(s) Below

question 25

Multiple Choice

Consider the following to answer the question(s) below:
EU (European Union) countries report that 46% of their labour force is female. The United Nations wants to determine if the percentage of females in the Canadian labour force is the same. Representatives from Statistics Canada plan to check a random sample of over 10,000 employment records on file to estimate the percentage of females in the Canadian labour force.
-Suppose that Statistics Canada wants to be 90% confident of estimating the percentage of females in the labour force to within 2% of the true percentage. To do this they would have to

• A) decrease the sample size.
• B) select the same number of employment records.
• C) increase the sample size.
• D) increase the margin of error.
• E) increase the sampling error.

Calculate and interpret degrees of freedom in the context of ANOVA.

Understand the requirements for the F-test in randomized block design.

Interpret statistical output related to randomized block experiments.

Identify appropriate statistical tests for analyzing experimental data.

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Definitions:

Account Balances

The amount of money in a financial account, determined by adding all credits and deducting all debits.

Adjusted Trial Balance

A list of all accounts and their balances after adjustments, used to verify the equality of debits and credits and to prepare financial statements.

Reports Center

A feature within software programs that aggregates data and generates summaries or detailed analyses for review.

Accountant & Taxes

Pertains to the work of keeping financial records, preparing tax returns, and advising on tax liabilities.