Answer: Observational study
Step-by-step explanation:
The study illustrated in the question is an observational study. It is referred to as an observational study, because in this case, the price of the individual cereals us not being controlled by the students. They've no control over it.
If it was an experiment, there'll have been a control group and the students will have control over the price. Also, the sampling methods used here is a systematic random sampling.
The factor of 48 are : 1,2,3,4,6,8,12,16,24,48
The prime factor are : 2x2x2x2x3
Three million five hundred thousand or three and a half million
Y = 28000-(8500*3)
8500 is the yearly deprecation value times 3 because it is 3 years