staunchMBAican wrote:If it is assumed that 60 percent of those who receive a questionnaire by mail will respond and 300 responses are needed, what is the minimum number of questionnaires that should be mailed?
A) 400
B) 420
C) 480
D) 500
E) 600
I feel there's gotta be a nifty quick trick here. Experts?
Of every 100 questionnaires that are mailed, 60 will yield responses, implying the following ratio:
responses : mailed = 60:100 = 3:5 = 300:500.
Thus, to yield 300 responses, the number of questionnaires that must be mailed = 500.
The correct answer is
D.
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