Question

All other factors equal, if you change the estimated population deviation rate from 3% to 6%...

All other factors equal, if you change the estimated population deviation rate from 3% to 6% would cause the required sampling population to

a. increase

b. decrease

c. remain the same

d. become indeterminate.

Sample size is related to the maximum tolerable deviation rate. All factor equal...

a. The larger the MTDR the lower the confidence

b. The larger the MTDR the smaller the sample

c. MTDR is based on the sample results

d. none of these are correct.

Homework Answers

Answer #1

(1)

Question:

All other factors equal, if you change the estimated population deviation rate from 3% to 6% would cause the required sampling population to

Correct option:

a. increase

Explanation:
Sample Size (n) is given by:

So, increasing from 3% to 6% will increase n.

(2)

Question:

Sample size is related to the maximum tolerable deviation rate. All factor equal...

Correct option:

b. The larger the MTDR the smaller the sample

Explanation:
Sample Size (n) is given by:

So, increasing e will decrease n.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
. If all other sample size planning factors were exactly the same in attribute sampling, changing...
. If all other sample size planning factors were exactly the same in attribute sampling, changing the confidence level from 95% to 90% and changing the desired precision from 2% to 5% would result in a revised sample size that is A. Larger. B. Smaller. C. Unchanged. D. Indeterminate.
1. Which of the following would have the greatest chance of resulting in a lawsuit against...
1. Which of the following would have the greatest chance of resulting in a lawsuit against the auditor? A. Incorrect rejection of an account balance B. Incorrect acceptance of an account balance C. A type one error D. Using variables sampling to determine the correct balance in accounts payable 2. An account balance is $300,000 and there are 25 items in the account, six of which have balances that equal or exceed $15,000. The auditor plans to use a monetary-unit...
1.when the sample mean is close to the population mean , the sampling error is a....
1.when the sample mean is close to the population mean , the sampling error is a. larger b. smaller c. equals to 1 d. none of the above is correct 2. when the sample size increases, the dispersion among the sample means a. increases b. decreases c. remain the same d. depends upon the specific population being sampled
When comparing two sample proportions with a​ two-sided alternative​ hypothesis, all other factors being​ equal, will...
When comparing two sample proportions with a​ two-sided alternative​ hypothesis, all other factors being​ equal, will you get a smaller​ p-value if the sample proportions are close together or if they are far​ apart? Explain. Choose the correct answer below. A. The​ p-value will be smaller if the sample proportions are far apart because a larger difference results in a larger absolute value of the numerator of the test statistic. B. The​ p-value will be smaller if the sample proportions...
A random sample of n = 100 observations is drawn from a population with mean equal...
A random sample of n = 100 observations is drawn from a population with mean equal to 21 and standard deviation equal to 20, i.e. population mean is 21 and population standard deviation is 20. Complete parts a through d below. a. What is the probability distribution of ?̅? i.e., Give the mean and standard deviation of the sampling distribution of ?̅ and state whether it is normally distributed or not. b. Find P ( 18.7 < ?̅ < 23.3...
A random sample of n = 100 observations is drawn from a population with mean equal...
A random sample of n = 100 observations is drawn from a population with mean equal to 21 and standard deviation equal to 20, i.e. population mean is 21 and population standard deviation is 20. Complete parts a through d below. a. What is the probability distribution of ?̅? i.e., Give the mean and standard deviation of the sampling distribution of ?̅ and state whether it is normally distributed or not. b. Find P ( 18.7 < ?̅ < 23.3...
(3) You gathered a random sample from a population and determined the SAMPLE standard deviation for...
(3) You gathered a random sample from a population and determined the SAMPLE standard deviation for that data set to be 17.6. WHICH of the following comments about the corresponding POPULATION standard deviation is MOST reasonable? (A)   It must EXCEED 17.6 (B) It must lie WITHIN 4 UNITS of 17.6. (C) It must be LOWER THAN 17.6. (D) NO statement could reasonably be made regarding the possible value of the POPULATION standard deviation. (E) It must EQUAL 17.6.
Suppose we are sampling from a normally distributed population, and we wish to use the t...
Suppose we are sampling from a normally distributed population, and we wish to use the t procedure to find a confidence interval for the population mean. Consider the following 3 statements: I. All else being equal, the greater the sample size, the smaller the margin of error. II. All else being equal, the greater the confidence level, the greater the margin of error. III. All else being equal, the greater the sample variance, the smaller the margin of error. Which...
A random sample is selected from a population with mean μ = 100 and standard deviation...
A random sample is selected from a population with mean μ = 100 and standard deviation σ = 10. Determine the mean and standard deviation of the x sampling distribution for each of the following sample sizes. (Round the answers to three decimal places.) (a) n = 8 μ = σ = (b) n = 14 μ = σ = (c) n = 34 μ = σ = (d) n = 55 μ = σ = (f) n = 110...
Suppose the population consists of FIVE individuals and the elements are: S= {3, 6, 9, 12,...
Suppose the population consists of FIVE individuals and the elements are: S= {3, 6, 9, 12, and 15} Obtain samples of size 3 (use counting rule). Obtain the population mean and variance, sample means and variances of the distribution. Would the mean and variance change if the sample size were to increase? Prepare two excel tables. a) In an excel table show the various samples (Table-1). b) Calculate the population mean and variance (Table-1). c) Calculate the sample mean and...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT