Instruction 8-14
A sales and marketing management magazine conducted a survey on salespeople cheating on their expense reports and other unethical conduct.In the survey on 200 managers,58% of the managers have caught salespeople cheating on an expense report,50% have caught salespeople working a second job on company time,22% have caught salespeople listing a "strip bar" as a restaurant on an expense report,and 19% have caught salespeople giving a kickback to a customer.
-Referring to Instruction 8-14,determine the sample size needed to estimate the proportion of managers who have caught salespeople working a second job on company time to within ±0.02 with 95% confidence.
Correct Answer:
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