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zalisa [80]
3 years ago
13

An auto analyst is conducting a satisfaction survey, sampling from a list of 10,000 new car buyers. The list includes 2,500 Ford

buyers, 2,500 GM buyers, 2,500 Honda buyers, and 2,500 Toyota buyers. The analyst selects a sample of 400 car buyers, by randomly sampling 100 buyers of each brand. Is this an example of a simple random sample?
Business
1 answer:
Ghella [55]3 years ago
3 0

Answer:

No

Explanation:

Simple random sampling gives each member in the entire population an equal opportunity to be included in the sample. The technique removes bias in the selection procedure. It applies where a small number would adequately represent the entire population.

The procedure described in this case is a deviation of simple random sampling. It is stratified random sampling.

In stratified random sampling, the population is first divided into subgroups based on shared characteristics. The researcher uses simple random sampling to select representatives of each group in the sample population.  The techniques ensure each group is fairly represented in the research.  

Subdividing vehicles by their make is creating strata or subgroups.

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Answer:

B. Growth.

Explanation:

The growth stage is the period during which the product inevitably and progressively gains acknowledgment among buyers, the industry, and the more extensive overall population. During this stage, the product or the development gets acknowledged in the market, and subsequently deals and incomes begin to increment.

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3 years ago
When a consumer has evaluated alternatives in the purchase decision process and selected one, he still must determine from whom
hammer [34]

Answer:

The correct answer is when to buy.

Explanation:

When a consumer has checked all the alternatives and has made the purchase decision of what to buy, he still needs to decide from whom to buy and at what time or when to buy. This is because the price of assets or goods keeps changing with the passage of time. The change in price depends on market situations at that time.

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3 years ago
What are some reasons that a business would borrow funds
algol [13]

Answer:

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Working Capital is Needed to Keep Cash Flowing. ...

Use The Investment To Make More Than It Costs To Borrow. ...

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Insufficient Funds.

Explanation:

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Answer:

b) Managerial hubris

Explanation:

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retart

Explanation:

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