Question

Last year, 46% of business owners gave a holiday gift to their employees. A survey of business owners conducted this year indicated that 35% plan to provide a holiday gift to their employees. Suppose the survey results are based on a sample of 60 business owners. a. How many business owners in the survey plan to provide a holiday gift to their employees this year

Answer 1

The business owners that would provide a holiday gift to their employees this year is 21.

Percentage are a measure of frequency. It is the fraction of an amount that is usually expressed as a number out of hundred.

In order to determine the business owners that would provide a holiday gift to their employees this year, multiply the percentage of business owners that indicated they plan to give gifts by the total number of people surveyed.

35% x 60

0.35 x 60 = 21 people

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