Question

The reason that you would select the option that you did above us due to what is known as_______.

Suppose that you run a survey research firm and have a reasonably good budget but you want to impress your client with your cost efficiency as well as data quality. You can select from three possible options. Which option would you select? O A n = 5000, margin of error = +0.5 n=1,500, margin of error=+1.1 o C n=500, margin of error = 16.0 Answered - Correct! No attempts left 7.29 Homework. Unanswered The reason that you would select the option that you did above is due to what is known as Word Answer:

Answer 1

The season that you would select the option that you did aboue us due to what is known as optimization. because we have choosen the option is n=1500, margin of error = $ 1-18 as compare to other two options this option is optimum since it's budget is 1500 which is not too small or not too big. also The margin of error = 11 this is also optimum because use as we choose past a. but it's budget is too big and if we choose past c) then the margin of essor is targe. that's while option a) & c) were not correct.