Exhibit 1-1
In a recent study based upon an inspection of 200 homes in Daisy City, 80 were found to violate one or more city codes.
-Refer to Exhibit 1-1. The manager's statement that 40% of Daisy City's 2,000 homes are in violation of city codes is
A)an exactly correct statement
B)only an approximation, since it is based upon sample information
C)obviously wrong, since it is based upon a study of only 200 homes
D)None of these alternatives is correct.

Question

Quizplus · Accepted Answer

The manager's statement is based upon a sample of 200 homes, which is not necessarily representative of the entire population of 2,000 homes. Therefore, the statement is only an approximation and not exactly correct.

Exhibit 1-1 In a Recent Study Based Upon an Inspection of 200