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4vir4ik [10]
4 years ago
15

Identify which type of sampling is​ used: random,​ systematic, convenience,​ stratified, or cluster.To determine customer opinio

n of their pricing​,Greyhound Linesrandomly selects 80bussesduring a certain week and surveys all passengers on the busses.Which type of sampling is​ used?
A. Cluster
B. Systematic
C. Convenience
D. Random
E. Stratified
Business
1 answer:
8_murik_8 [283]4 years ago
7 0

Answer:

<em>A. Cluster </em>

Explanation:

Cluster sampling makes reference to a technique of sampling. <em>The researcher splits the population into different groups through cluster selection, called clusters.</em>

Next, a simple random selection of clusters is selected from the population. The researcher performs his study of sampled cluster data.

Cluster sampling has advantages and disadvantages comparable to simple random sampling and stratified sampling.

Cluster sampling, for example, is typically less reliable than either simple random sampling or stratified sampling given equal sample sizes.

On the other hand, if cluster travel costs are high, cluster sampling could be more price-effective than other approaches.

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Q 4.13: salaries and wages expense should have been accrued on december 31st, but the entry was not made. the result of this ove
My name is Ann [436]
The result of the oversight is that if salaries and wages are not recorded or shown as accrued for Dec. 31st, then it will look like there is more money in revenue than is actually there so it will give a false impression of the existing money on hand of an enterprise. 
6 0
4 years ago
Indiana Co. began a construction project in 2018 with a contract price of $161 million to be received when the project is comple
Montano1993 [528]

Answer:

b. Recognized $12.37 million gross profit on the project in 2018.

Explanation:

IFRS-15 that deals with Revenue from Construction Contracts requires companies to follow a 4-step approach to record entries for contract when the performance obligation is satisfied over a period of time. These steps are:

1) Calculate the overall profit

Contract Price - Total Costs ( Incurred + Estimated)

⇒ 161 - 122 (40 + 82) = $39 million.

2) Determine the progress of the contract

(Cost to date / Total cost) * 100

⇒ (40 / 122) * 100 = 32.79%

3) Statement of Profit or Loss (If Profitable)

Revenue (Total Price * Progress) ; (161 * .3279)                            $52.79

Cost of Sale (Total costs * Progress) ; (122 * .3279)                      (40)

Gross Profit                                                                                    $12.79

The difference arises of $.42 million is because of rounding, ignore it. We choose the closest option in MCQs, always remember this.

Note: Step 4 is related to Balance Sheet which is not the requirement of this question, so skipped.

Thanks!

4 0
3 years ago
What is the difference between a teller's check and a personal check?
frozen [14]
The answer is D. I had this question before
4 0
3 years ago
For more advanced language learners, these can provide both news and drama from which teachers can create motivational practice
Georgia [21]
The answer is: Radio Broadcast

Radio broadcast is a perfect platform for people who want to learn a new language because its provide:
- a 24 hour shows, so you could listen it anytime you want
- It only require your hearing, so you could do it while driving, cooking, or do other thing
8 0
3 years ago
A firm expects to have net income of $5,000,000 during the next year. The company’s target capital structure is 35% debt and 65%
Aneli [31]

Answer:

$1,100,000

Explanation:

The firm expected to have 5,000,000 as net Income

Capital Structure; Debt=35% , Equity= 65%

$6,000,000 is determined to be the Optimal capital budget for the coming year

The firm’s expected dividend payments following a residual distribution policy is = Net Income – [Total Capital Budget x Equity Ratio]

Where Net Income =5,000,000 Total capital budget =6,000,000 Equity Ratio= 65%

Hence Total Dividend Payment = $5,000,000 – [$6,000,000 x 65%]

= $5,000,000 - $3,900,000

= $1,100,000

The firm’s expected dividend payments is = $1,100,000,

8 0
3 years ago
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