Exhibit 1-1
In a recent study based upon an inspection of 200 homes in Daisy City, 120 were found to violate one or more city codes.
-Refer to Exhibit 1-1. The manager's statement that 60% of Daisy City's 3,000 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 the other answers are correct.

Question

Quizplus · Accepted Answer

The manager's statement is an approximation based on a sample of 200 homes. It is not an exactly correct statement, as it assumes that the percentage of homes in violation in the sample is representative of the entire population of homes in Daisy City. However, it is still a useful estimate for planning purposes.

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