Answer:
Methods of obtaining a sample of 600 employees from the 4,700 workforce:
Part A: The type of sampling method proposed by the CEO is Convenience Sampling.
Part B: When there are equal number of participants in both campuses, stratification by campus would give a more precise approximation of the proportion of employees who are satisfied with the cleanliness of the breakrooms than stratification by gender. Another method to ensure that stratification by campus gives a more precise approximation of the proportion of employees who are satisfied with the cleanliness of the breakrooms than stratification by gender is to ensure that the sample is proportional to the proportion of each campus to the whole population or workforce.
Step-by-step explanation:
A Convenience Sampling technique is a non-probability (non-random) sampling method and the participants are selected based on availability (early attendees). The early attendees might be different from the late attendees in characteristics such as age, sex, etc. Therefore, sampling biases are present. All non-probability sampling methods are prone to volunteer bias.
Stratified sampling is more accurate and representative of the population. It reduces sampling bias. The difficulty arises in choosing the characteristic to stratify by.
Let's deconstruct the equation.
K x (1/8) = 7
You want to isolate K, so you multiply by 8 for both sides (since 8 x 1/8 = 1)
So, K = 7 x 8
K=56
Answer:
total money=rupees 50
3/5 of 50= rupees 30
money he spent = rupees 30
money he's left with =50-30=20
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Answer:
$936
Step-by-step explanation:
Simple interest is money you can earn by initially investing some money (a.k.a the principal). In return, a percentage (a.k.a the interest) of the initial money invested is added to the principal, this is what makes your initial investment grow.
The equation for simple interest is:
I = P x r x t
P = Principal, $2600
r = interest rate, 12%
t = time involved, 3 years
Fill in the values:
2600 × 0.12 × 3 = $936.00
