College X Is Concerned About Their Employees Making Use of Their

question 48

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 95% confidence level and state that the estimation proportion must be within 2 percent of the population proportion. A pilot survey reveals that 8 out of 50 emails sampled were not for business purposes. How many emails should be surveyed to meet your requirements?

• A) 1,291
• B) 707
• C) 498
• D) 2,230
• E) 1,000

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Definitions:

Patents

Exclusive rights to produce and sell goods with one or more unique features.

Net Income

The total profit or loss a company generates from its operations over a specific period after all expenses have been subtracted from revenues.

Operating Activities

The element of a company's cash flow statement that represents the cash flow from regular business operations.

Gain

An increase in wealth or resources, typically recognized when assets are sold for more than their carrying amount.