Lucy Lively,a Coffee Aficionado,wanted to Draw a Sample of People

question 43

Multiple Choice

Lucy Lively,a coffee aficionado,wanted to draw a sample of people in Ontario who own an authentic,imported Italian espresso coffee maker.There is no list of such people,and there is no reason to believe that they know each other.What type of sampling should Lucy use?

• A)Selective case sampling
• B)Snowball sampling
• C)Simple random sampling
• D)Purposive sampling
• E)Quota case sampling

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Definitions:

Net Working Capital

The difference between a company’s current assets and its current liabilities, indicating the liquidity of the business.

Current Assets

Assets that a company expects to convert into cash within one year or one business cycle, whichever is longer.

Current Liabilities

Short-term financial obligations or debts of a company, typically due within one year.

Change

A generic term indicating the difference in value or condition over time, often used to describe shifts in markets, prices, or operational conditions.