Priya,a University Student,wants to Know How Many of the Students

question 72

Multiple Choice

Priya,a university student,wants to know how many of the students living in her residence have tried cannabis,so she decides to interview everyone in her building.Despite rumours to the contrary,the results suggest that fewer than five percent of her classmates have tried the drug.What is the most likely explanation for her findings?

• A)The student responses were influenced by social desirability.
• B)Priya's question was unclear.
• C)Priya miscalculated the results.
• D)Interviews often lead to exaggerated results.

---

Definitions:

Semiannual Compounding

A method of calculating interest where the capital is compounded twice a year.

Compounded Semiannually

An interest accruing method where interest is calculated and added to the principal every six months, potentially leading to higher returns over time due to the compounding effect.

Quarterly Compounded

The process of calculating interest on both the initial principal and the accumulated interest from previous periods, done every quarter.

Effective Rate

An adjustment of the nominal interest rate on a loan or financial product to reflect an annual compound interest rate, with payments made at the end of the period.