Multiple Choice
Refer to the following paragraph to answer the questions below.
The Young Children's Charity would like to provide an accurate estimate of how much it costs to raise a child between the ages of 2 and 12 each year for its fundraising campaign. They contracted with you to find out how much households spent on raising a child in 2006 for clothing, toys/recreation, education, baby sitting, and a percentage of the expenses for family food, utilities (electricity and gas) , transportation, and rent or house payments. They gave you a list 4 million residential telephone customers in the area they will operate the campaign. You sampled every 4,000th address on the list. The Charity will have a professional survey company contact each sampled household by telephone and ask whether or not there is a child between 2 and 12 years old living in the household. If there is, their interviewers will ask other questions and record the total amount spent raising a child in the past two months. They will multiply this amount by 6 to get an annual cost.
-Which of the following samples will have the SMALLEST sampling error?
[NOTE: The standard deviation measures diversity with a larger number indicating greater heterogeneity and diversity.]
A) sample size = 1,000, Sample standard deviation = 55
B) sample size = 100, Sample standard deviation = 5.5
C) sample size = 10,000, Sample standard deviation = 55
D) sample size = 1,000, Sample standard deviation = 5.5
E) sample size = 10,000, Sample standard deviation = 1.0
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Refer to the following paragraph to answer
Q12: Refer to the following paragraph to answer
Q13: Refer to the following paragraph to answer
Q14: Refer to the following paragraph to answer
Q15: Talk about:<br>-inferential statistics
Q17: Talk about:<br>-population
Q18: Talk about:<br>-sequential sampling
Q19: Refer to the following paragraph to answer
Q20: Talk about:<br>-target population
Q21: Which random sampling method is best when