Relationship between population size and sample size

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Reference no: EM131696573

1. Please select three companies and describe what they do. Select a major component of their production process and speculate on how to calculate unit costs. Identify what you think are their variable, fixed, and mixed costs of each.

2. Cite three factors that influence the necessary sample size and explain why and how these factors influence the sample size.

Explain the relationship between population size and sample size, using relevant examples.

Reference no: EM131696573

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