Stratified random sampling is used to subdivided into groups by volume of sales.
According to the statements
Manufacturers are subdivided into groups by volume of sales. and for this Stratified random sampling is used.
Stratified random sampling is the technique used divide the population can be partitioned into subpopulations.
Thus, Stratified random sampling is used to subdivided into groups by volume of sales.
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Suppose you roll a red number cube and a blue number cube. What is the probability that you will roll a 5 on the red cube and a 1 or 2 on the blue cube?
Answer: 123,060
So you multiply 1700 by 12 then add 110 then divide by 12 to see how much you would now pay a year, which would be 1709 (new monthly payment) then multiply that by six years 12 month's time 6 years = 72 months so multiply 1700 times 72 and you get 123060
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