Multiple Choice
Which of the following statements best illustrates the concept of the "level of confidence" or z value chosen in sample size formulae?
A) By setting z at 1.96 it means that the manager could expect,if she conducted the survey many,many times,the value of p would fall within the sample error range 95 percent of the time.
B) By setting z at 1.96 it means that the manager could expect,if she conducted the survey many,many times,the value of p would fall within the sample error range 5 percent of the time.
C) By setting z at 2.58 it means that the manager could expect,if she conducted the survey many,many times,the value of p would fall within the sample error range 95 percent of the time.
D) By setting z at 1.96 it means that the manager could expect,if she conducted the survey many,many times,the value of p would fall within the sample error range 99 percent of the time.
E) By setting z at 2.58 it means that the manager could expect,if she conducted the survey many,many times,the value of p would fall within the sample error range 1 percent of the time.
Correct Answer:

Verified
Correct Answer:
Verified
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