Answer:
The correct option is D) The design of the study suffers from selection bias.
Explanation:
In research, Selection Bias occurs when the researcher decides who the respondents are or those who are being evaluated or studied.
Every research ought to be designed in such a way that the respondents are selected at random.
In the information provided, the respondents were selected from a group of people who on a balance of probability were already inclined to decline because it was a list of dissatisfied customers. The chances of them declining to respond or responding with a negative were higher than the chances of them indicating that they would buy and this defeats the purpose of the research. The research ought to have also included a sample of respondents who didn't have the product, who had enjoyed the services of the company and were content, those who didn't even know what the product did until they got the survey.
That way holistic information can be obtained from the research about how different sets of people will react and not just those who are already dissatisfied with the company's product(s).
Some of the ways to avoid selection bias in research are:
- To employ the use of random techniques selecting sample sets from populations.
- To check that the traits or characteristics of the larger population are well represented in the samples selected
Cheers
Answer:
18 months.
Explanation:
The National Do-Not-Call Registry is a program created by the federal government in which individuals register their phone number for free in order to reduce the telemarketing calls they are receiving to that number. After a company listing has expired, the licensee may call the owner to solicit business after 18 months.
Answer:
The answer is option (3) $200,000
Explanation:
Solution
Given that:
The reserve ratio =20%
The Required reserves = 300000*20/100
=60000
The excess reserves = 100000-60000
=$40000
Thus
The Money multiplier = 1/0.20
= 5
Therefore, maximum amount by which loans could be expanded = 40000*5
= $200000
Ostensible agency is a form of implied agency relationship created by the actions of the parties involved rather than by written agreement.
Given that the implied agency relationship is created by the actions of the parties involved rather than by written agreement.
We are required to give the name of such implied relationship that is created by the actions of the parties involved rather than by written agreement.
The “ostensible agent” is basically one where the principal has intentionally or inadvertently induced third persons to believe that such person was its agent although no actual or express authority was conferred on him as agent. In this kind of relationship the agent has been given authority to act on the behalf of other.
Hence ostensible agency is a form of implied agency relationship created by the actions of the parties involved rather than by written agreement.
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Average and Marginal Cost. Marginal cost is the change in total cost when another unit is produced; Average cost is the total cost divided by the number of goods produced
