Question
2. An accounting firm wants to carry out a survey of SMEs queries regarding bureaucracy as a limiting factor to economic growth. Calculate the sample
2. An accounting firm wants to carry out a survey of SMEs queries regarding bureaucracy as a limiting factor to economic growth. Calculate the sample size required to estimate the percentage of SMEs who see regulation as an obstacle to their efforts to expand
their activities, with a statistical margin of error not exceeding 5% and a level of confidence OF 90% .
According to a survey conducted 2 years ago by another organization, 30% of SMEs Quebecers considered bureaucracy to be a limiting factor to their growth. The number of SMEs is large enough not to use the factor of correction.
- What is the margin of error that we do not want to exceed?
- Which expression is required to determine the sample size?
- How many SMEs should be surveyed, to respect the margin of error at the level of confidence chosen?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started