To Calculate the Sample Size Needed for a Survey to Estimate

question 63

True/False

To calculate the sample size needed for a survey to estimate a proportion, the population standard deviation σ must be known.

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Definitions:

After-tax Cost

The expense of an action or transaction after considering the impact of taxes.

Dividend

A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.

Growth Rate

The percentage increase in a company's revenue or earnings from one period to the next, demonstrating how quickly it is expanding.

Market Price

The amount for which something can be sold on a given market at a specific point in time.