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exis [7]
3 years ago
10

On a large college campus first-year students and sophomores live in dorms located on the eastern part of the campus and juniors

and seniors live in dorms located on the western part of the campus. suppose you want to collect student opinions on a new housing structure the college administration is proposing and you want to make sure your survey equally represents opinions from students from all years. (a) what type of study is this? (b) suggest a sampling strategy for carrying out this study.
Business
1 answer:
Vesnalui [34]3 years ago
6 0

Answer:  

a. This type of study is known as probability sampling.

b.  Since we’d like to make sure the survey represents opinions from students of all ages, we can use stratified sampling.

<u>Probability Sampling </u>

  • In probability sampling each element of the population has an equal chance of being selected for the sample.  
  • Probability sampling helps us to create a sample that is truly representative of the population.  
  • A sample that truly represents the population ensures that the statistical conclusions are valid.

<u>Stratified Sampling </u>

In stratified sampling, the population is divided in different classes that are known as strata. Once this classification has been done, we randomly select a sample.

Since our objective for the survey is to collect opinions from students of all years, we can divide the student population into four strata based on age, and select a probability sample from each stratum.

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A credit card company wants your business. If you accept their offer and use their​ card, they will deposit 11​% of your monetar
Ket [755]

Answer:

I will have $183536835400 in my savings after 1515 years

Explanation:

Deposit into the savings account = 0.11×$2000020000 = $220002200

Earnings after 1515 years = 0.55×1515×$220002200 = $183316833200

Total amount in savings plan after 1515 years = $220002200 + $183316833200 = $183536835400

3 0
3 years ago
At GetHelp Inc., after customer service representatives complete training, their phone calls are monitored to determine if they
Ahat [919]

Answer:

This evaluation best exemplifies a "behavior-level" measure.

Explanation:

Donald Kirkpatrick proposed a Four-level training evaluation model for evaluating the impact of training on employees.

The four levels are; Reaction, Learning, Behavior and Results.

The behavior level of Kirkpatrick's model is the third stage and it comes after employees have undergone learning/training. At this stage, the behavior is measured through monitoring and observation to determine if they are implementing what they have learnt.

This gives some insight into how effective the training was.

Therefore GetHelp Inc. by monitoring the phone calls of their customer service representatives are carrying out a "behavior-level" measure.

6 0
3 years ago
Mark currently has a balance of $973.70 in an account he has held for 17 years. He opened the account with an initial deposit of
IrinaK [193]

Answer:

Simple interest= $273.7

Explanation:

<em>Simple interest is the interest on earned on the principal amount invested only. Kindly note that under this system, only the principal amount invested would earn interest over the course of the investment period</em>

<em> Simple interest is calculated as follows:</em>

Simple interest = Principal × Rate × Time

or

Simple interest = Future sum - Principal amount invested

DATA

Future sum- $973.70

Principal amount invested-700

Simple interest = 973.70 - 700=273.7

Simple interest= $273.7

5 0
3 years ago
Lawrence Company has cash in bank of $22,000, restricted cash in a separate account of $4,000, and a bank overdraft in an accoun
andre [41]

Answer:

$22,000

Explanation:

It is worth noting that for accounting purposes, restricted cash is one that is not readily available. Such inaccessible funds, therefore, cannot be reported in financial statements. A bank overdraft, on the other hand, is a liability. Lawrence should therefore report cash worth $ 22,000 only.

3 0
3 years ago
Session Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-ho
Fofino [41]

Answer:

$6,765

Explanation:

The total cost for job K913 is given by the sum of the costs with manufacturing overhead (fixed and variable), direct materials (M) and direct labor (L).

Since the company uses a predetermined overhead rate based on direct labor-hours, the overhead cost for job K913 is:

O = F+V\\O=\frac{150*\$511,000}{70,000} +150*\$2.10\\O=\$1,410

The total cost for the job is:

C=O+M+L\\C=\$1,410+\$705+\$4,650\\C=\$6,765

The total job cost for Job K913 is closest to $6,765.

8 0
3 years ago
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