Financial Analyst Larry Potts Needs a Sample of 100 Securities

question 76

Multiple Choice

Financial analyst Larry Potts needs a sample of 100 securities listed on the New York Stock Exchange.The current issue of the Wall Street Journal has an alphabetical list of the 2,531 securities traded on the previous business day.Larry uses a table of random numbers to select 100 numbers between 1 and 2,531.His sample is a ____________.

• A)quota sample
• B)simple random sample
• C)systematic sample
• D)stratified sample
• E)cluster sample

Distinguish between correlations and causations in psychological research.

Realize the significance of random sampling and random assignment in research methodology.

Understand how operational definitions facilitate research replication and enhance clarity in scientific communication.

Identify the impact of wording and question framing in survey research and its influence on results.

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Definitions:

American Prison System

A network of correctional facilities and institutions within the United States designed for the incarceration and rehabilitation of criminals.

Illicit Drugs

Substances whose production, sale, or use is prohibited by law due to their potential for abuse and harm.

Nonviolent Crimes

Offenses that do not involve force or injury to other people; examples include theft, fraud, illegal drug use, and white-collar crimes.

Ex-convicts

Individuals who have been convicted of a crime and have completed their sentence, often facing challenges in re-integrating into society.