Multiple Choice
In a sampling application to determine the average age of employees in management positions,the sample estimate was 50 years,reliability was 80 percent,and precision was 10 years.Which of the following would most likely result from an increase in the desired level of reliability to 90 percent?
A) The sample estimate would increase to 55 years.
B) The precision interval would be 40 to 60 years.
C) The precision interval would be 35 to 65 years.
D) The precision interval would have a lower probability of including the true (unknown) population average.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Which of the following allow the auditor
Q8: The precision interval has a _ percent
Q9: Which of the following types of sampling
Q10: Below are descriptions representing different sampling risks
Q11: Which of the following activities is least
Q13: Which of the following steps in the
Q14: Tests performed by auditors that examine evidence
Q15: Which of the following statements best describes
Q16: Which of the following most closely represents
Q17: A sample selection method in which a