A Population That Consists of All the Customers Who Will

question 45

Multiple Choice

A population that consists of all the customers who will use the drive-thru of the local fast food restaurant is called a(n) ________.

• A) infinite population
• B) random sample population
• C) statistical population
• D) finite population

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Definitions:

Model

A representation, often mathematical, of a real-world process or system used to understand, predict, or control its behavior.

Market Share

The percentage of an industry's sales that a particular company controls.

Financial Data

Information related to financial transactions, including assets, liabilities, revenue, expenses, stock prices, and economic indicators.

Highest Profit

The maximum financial gain achieved from a business operation or investment after deducting all expenses.