SCENARIO 8-10
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 Scenario 8-10,we are 95% confident that between 51.16% and 64.84% of managers in the population have caught salespeople cheating on an expense report.

Question

Quizplus · Accepted Answer

This statement is a correct interpretation of the survey results. The margin of error for the survey was calculated to be 6.84%, which means that we can be 95% confident that the true proportion of managers in the population who have caught salespeople cheating on an expense report falls between 51.16% and 64.84%.

SCENARIO 8-10 a Sales and Marketing Management Magazine Conducted a Survey on Survey