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,it is possible that the 95% confidence interval calculated from the data will not contain the population proportion of managers who have caught salespeople cheating on an expense report.

Question

Quizplus · Accepted Answer

Since the sample size is sufficiently large (n=200) and the survey results indicate a relatively high proportion of managers who have caught salespeople cheating on expense reports (58%), it is likely that the calculated 95% confidence interval will not include the population proportion. However, there is still a chance that the interval will contain the true proportion, as the interval estimate is based on a sample and is subject to sampling variability.

Instruction 8-14 a Sales and Marketing Management Magazine Conducted a Survey on Survey