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Barbara Ryals Unit 3 IP BUSN 311

Barbara Ryals Unit 3 IP BUSN 311 - Zc = 2.326 E = 10 n =(zc...

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Unit 3 Individual Project 1 Running head: UNIT 3 INDIVDUAL PROJECT BUSN311 by Barbara Ryals Sampling Irene Tsapara October 24, 2010
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Unit 3 Individual Project 2 Sampling To: Universal Credit Inc. In order to figure out how many samples will be needed, the following formula will be used. Formula n = (zc x o /e) 2
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Unformatted text preview: Zc = 2.326 E = 10 n = (zc x o /e) 2 zc =(2.326)(500) = 1163 n=(2.326)(500) = 1163/10 116.3 x 116.3= 13525.69 = 13526 samples The trade off of staying below the budget of $10,000 is less people sampled and the margin of error would have to be higher than $10.00....
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