Question

The following data pertains to a survey conducted by Harris Decima on behalf of CPA Canada.
Target population: Canadian professional accountants in a senior position: 7032
Sample size: 1272
688 respondents are optimistic about the outlook for their business for the next 12 months. from the appropriate Excel report, repeat the following questions:
a) Is the correction factor required in calculating the standard deviation of the sample proportion? If yes, what is the value of the correction factor?
b) What is the standard deviation of the sample proportion taking into account the answer of b).

Answer 1