An EPA contractor needing to test the concentration of a substance in ten samples out seventy samples provided form a single source at regular time intervals.
For the contractor to effectively carry out the testing he has to employ a Non-probability system of sampling which is called Systematic sampling, because in systematic sampling we can assume the population size (x ) which in this case is 70 and the sample size( n ) to be 10
He will have to select ; ( x / n )^th of the sampling frame for best results
if it's true simple interest then each year's interest is the same so interest for one year is a quarter of 241.50 which give you the rate but if each year's interest in left in the account the result will be different , it is a really poorly worded question
