Retirement Planning The Principal Financial Group conducted a survey of 1172 employees in the United States between July 28, 2010, and August 8, 2010, and asked if they were currently participating in...

Retirement Planning

The Principal Financial Group conducted a survey of 1172 employees in the United States between July 28, 2010, and August 8, 2010, and asked if they were currently participating in the employer-sponsored automatic payroll deduction for a 401(k) plan to save for retirement. Of the 1172 employees surveyed, 27% indicated they were participating. The Principal Group reported that 27% of all employees in the United States participate in automatic payroll deduction for a 401(k) plan to save for retirement with a 4% margin of error and 95% confidence.

(a) What is the research objective?

(b) What is the population?

(c) What is the sample?

(d) List the descriptive statistics.

(e) What can be inferred from this survey?