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Marketing Research Study Set 1
Quiz 13: Determining the Size of a Sample
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Question 61
True/False
There is a separate sample size formula for estimating a percentage of the population than for estimating a mean of the population.
Question 62
True/False
The desired accuracy should NOT be considered in order to calculate the proper sample size. This is because accuracy cannot be determined until the data are collected and analyzed.
Question 63
True/False
Using the confidence interval formula for calculating sample size, the amount of variability believed to be in the population must be estimated.
Question 64
True/False
It is "true" to say that, in practice, you can estimate variability in the population by using one of three methods: (a)set pq to the most conservative amounts of 50 percent/50 percent, (b)estimate pq based upon prior research studies, or (c)conduct a pilot study.
Question 65
True/False
Variability (standard deviation)of a population where a mean is being estimated may be estimated by dividing the range by 6.
Question 66
True/False
It is almost always up to the researcher to educate the manager on what might be acceptable or "standard" sample error.
Question 67
True/False
The most significant factor in calculating sample size (n)is the size of the population (N). For example, if you calculated that you needed a sample size of 300 in order to have an accurate sample for your hometown, it would take at least 10 times this amount, or about 3,000, in order to have an accurate sample representing the entire United States.
Question 68
True/False
The arbitrary approach to sample size determination takes the desired level of accuracy into account.
Question 69
True/False
The only time that the population size is a consideration in sample size determination is in the case of a "small population."
Question 70
True/False
In a "Yes/No" question, 50 percent "Yes" and 50 percent "No" shows less variability than does 90 percent "Yes" and 10 percent "No."
Question 71
True/False
Using the confidence interval formula for calculating sample size, the level of confidence desired to the estimate of the population values must be determined and is represented in the formula by the z value.
Question 72
True/False
In sample size formulae, acceptable sample error is noted by "e."
Question 73
True/False
If you calculate sample size with an e of 3 percent, and then you decide to change e to 5 percent, the required sample size will go up.
Question 74
True/False
In determining the level of confidence, any level of confidence is possible, but marketing researchers typically use between 60 percent and 100 percent , depending on the importance of the issue and how much the client has to spend on the research.
Question 75
True/False
Researchers should follow to the sample size formula closely when calculating sample size. No other consideration, such as the cost to the client, should be considered, as it will surely lower the accuracy of the study.