If something is important to the problem domain, it should be defined during the ________ phase

Brownsville Novelty Store prepared the following budget information for the month of May:

Sales are budgeted at $360,000. All sales are on account and a provision for bad debts is made for each month at three percent of sales for the month. Inventory was $84,000 on April 30; an inventory increase of $12,000 is planned for May 31. All inventory is marked to sell at cost plus 50 percent. Estimated expense for selling and administrative expenses for the month are $48,000. Depreciation for May is projected at $6,000. Brownsville's budgeted operating income for May is:

What is a sample? Name the two cross-sectional approaches used to obtain a sample. How many people would you need to sample in a population of 500,000 to arrive at a five percent margin of error?

What will be an ideal response?