Remainder Part:
(a) What type of study is this?
(b) Suggest a sampling strategy for carrying out this study?
Answer:
A. Observational Study
B. Stratified Sampling
Explanation:
<u>Requirement A.</u> I have to carry an Observational study because in the observational study the observer does not interfere with the variables or the subjects. Hence all I have to do here is just collect the opinions of the students.
<u>Requirement B.</u> The stratified sampling method is the method that includes the representation from every small strata (Group) which helps in assessing the complete sample because samples are extracted from each small separate group. Hence it is the best available option when the sample is the mixture of different small groups. In this case, the small groups would be first year, second year, Business student, Science student, etc.
The demand will increase most likely
Answer:
B
Explanation:
Opportunity cost refers to the benefit of something forgone in choosing an alternative.
the opportunity cost of 50 cars equals one airplane
the pairs of points that could be on the United States; production possibilities frontier is 200 airplanes , 12500 cars and 150 airplanes, 15 000 cars.
since 50 airplanes reduction = 50 × 50 cars increment = 2500 cars
Answer:
"Pension fund" is the appropriate solution.
Explanation:
The term "pension plan" for employers would be a recognized plan or organization which offers an amount of livelihood throughout pensions.
- Sometimes staff, potential employees, or sometimes both pay toward funding or contributions.
- Governments around the world throughout all concentrations give retirement compensation.
Thus the above is the correct answer.
Answer:
The answer is operation or production department
Explanation:
One of the Operation or production department's function is to convert inputs of factors of production (e.g. raw materials or resources) into output or finished goods and services.
Operation or production department in any organization is saddled with this responsibility.