Question 8
If the company instead decides that the key metric is the percentage of recall, and wants the same level of accuracy (plus or minus 10% accurate) and confidence (95%), then what should be the sample size?
If the company instead decides that the key metric is the percentage of recall, and wants the same level of accuracy (plus or minus 10% accurate) and confidence (95%), then what should be the sample size?
Correct answer: 96
Question 8 of 40 in the IIT Madras BS Market Research (Market Research) Quiz 1 paper sat on 16 Jul 2023, in the May 2023 term (IIT M DEGREE AN2 EXAM QPE2 16 JULY 2023). It carries 2 marks.