Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. A local municipal council researcher wishes to estimate the proportion of ratepayer residents who are satisfied with the council's proposed budgetary plan for the

1.

A local municipal council researcher wishes to estimate the proportion of ratepayer residents who are satisfied with the council's proposed budgetary plan for the coming financial year. In order to obtain a representative sample of ratepayers, he intends to conduct a census of the households of a typical neighbourhood street in the locality. Which of the following best describes the proposed sampling method used?

A. Systematic

B. Stratified

C. Cluster

D. Simple Random

2.

Which of the following situations, all else staying the same, leads to an increase in the margin of error when constructing an interval estimate of a population mean (if the population standard deviation is unknown)?

A. If the sample standard deviation decreases.

B. If the level of confidence increases.

C. If the sample mean increases.

D. If the sample size increases.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Carl Warren, William B. Tayler

15th edition

1337912026, 978-1337912020

More Books

Students also viewed these Accounting questions

Question

The quality of the proposed ideas

Answered: 1 week ago

Question

The number of new ideas that emerge

Answered: 1 week ago