College X Is Concerned About Their Employees Making Use of Their

question 75

Multiple Choice

College X is concerned about their employees making use of their email for non-business purposes. You have been approached to assist in this matter. College X decides on a 90% confidence level and state that the estimation proportion must be within 2 percent of the population proportion. A pilot survey reveals that 10 out of 50 emails sampled were not for business purposes. How many emails should be surveyed to meet your requirements?

• A) 910
• B) 1,537
• C) 1,083
• D) 1,221
• E) 2,654

---

Definitions:

Marginal Cost Curve

A graphical representation showing how the cost to produce one additional unit of output changes as production increases.

Shut Down

A short-term decision by a firm to cease operations because operating costs exceed revenue, usually considered in the context of price being less than variable costs.

Total Fixed Costs

A company's expenses that do not change with the level of production or services, such as rent, salaries, and insurance premiums.

Financial Well-being

A state where an individual has achieved a satisfactory level of financial security and freedom to make choices that allow them to enjoy life.