An accounting firm decided to conduct a survey among its past clients. A sample of 500 clients was randomly selected to receive a mail survey. A total of 175 clients responded to the survey; 30 of the mailing addresses were not valid. The response rate on the project would be correctly calculated as
A) 85%.
B) 65%.
C) 37%.
D) 35%.
E) 17%.

Question

Quizplus · Accepted Answer

The response rate is calculated by dividing the number of responses by the number of valid addresses. There were 500 clients, but 30 addresses were invalid, leaving 470 valid addresses. The response rate is 175 responses divided by 470 valid addresses, which equals approximately 37%.

An Accounting Firm Decided to Conduct a Survey Among Its