A news service conducted a survey of 1026 adults ages 18 years or older in a certain country, August 31minus−September 2, 2015
. The respondents were asked, "Of every tax dollar that goes to the federal government, how many cents of each dollar would you say are wasted?" Of the 1026 individuals surveyed, 36% indicated that 51 cents or more is wasted. The news service reported that 3636% of all adults in the country 18 years or older believe the federal government wastes at least 51 cents of each dollar spent, with a margin of error of 55% and a 99% level of confidence. Complete parts (a) through (e) below. What is the researchobjective? A. To determine the number of adults in the country paying their taxes to the federal government
B. To determine the percent of adults in the country who believe the federal government wastes 51 cents or more of every dollar
C. To determine the number of adults in the country
D. To determine the number of adults in the country who believe the federal government wastes 51 cents or more of every dollar
B. To determine the percent of adults in the country who believe the federal government wastes 51 cents or more of every dollar.
Step-by-step explanation:
Given that:
sample size = 1026
sample proportion = 0.36
Margin of error = 55% = 0.55
Confidence interval level = 99%
The purpose of this question is to determine the research objective:
The research objectives indicate the intention of the study, the objectives,\ or the main idea. This main idea arises from a need (the research problem) and refined into specific questions (i.e. the research questions). From, the given information, the research objective is to determine the percent of adults in the country who believe the federal government wastes 51 cents or more of every dollar.
In the function the .72 means that each unit of time 72% of the value is retained. This means that 28% percent of the value is lost or decays because 1-0.72=0.28 or 28 percent.