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CAC CompuResearch is conducting a national survey for National Press Club on issues regarding the Money Laundering Law. In order to statistically draw valid conclusions,
CAC CompuResearch is conducting a national survey for National Press Club on issues regarding the "Money Laundering Law". In order to statistically draw valid conclusions, the following requirements should be met by the survey to be conducted. a. Survey at least 2,300 households b. Survey at least 1,000 households whose head are 25 yrs or younger c. Survey at least 600 households whose heads are between 26 and 50 yrs of age. d. Ensure at least 15% of those surveyed live in Metro Manila e. Ensure that no more than 20% of those surveyed who are 51 years of age or over live in Metro Manila CAC decides that all surveys should be conducted in person. It estimates that the cost of reaching people in each age and region category are as follows Cost per person surveyed =51 Within Metro Manila 7.50 6.80 5.50 Outside Metro Manila 6.90 7.25 6.10 CAC's research goal is to meet the sampling requirements at the least cost possible Use the ff variables X1 = # of persons in MM =51 X6=# of persons outside MM >=51
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