Unfortunately, many managers falsely believe that:
A) sample size is related to proper data analysis
B) sample size is related to the representativeness of the sample
C) sample size is determined by computer programs
D) sample size is an irrelevant "statistical" technicality issue
E) sample size is related to the level of accuracy desired

Question

Quizplus · Accepted Answer

Sample size is related to the representativeness of the sample. It is important to have an appropriate sample size in order to accurately represent the population being studied. A smaller sample size may not accurately represent the population, while a larger sample size may provide more accurate results. Therefore, it is important to consider the representativeness of the sample when determining the appropriate sample size for a study.

Unfortunately, Many Managers Falsely Believe That