Which of the Following Measurement Processes Is Least Likely to Yield

question 1

Multiple Choice

Which of the following measurement processes is least likely to yield usable data?

• A)Counting the number of shoppers entering the department store between 12 pm and 2 pm.
• B)Studying cell phone bills and recording the number of text messages sent per month.
• C)Performing a consumer survey of preferences in fast food chains.
• D)Asking students to list three things that are important to them.
• E)Calculating the percent of college students who work at least 20 hours while attending school.

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Definitions:

Worst Payoff Rate

The lowest possible return or least favorable outcome from an investment or decision under a specific scenario.

ARM

In computing, a family of reduced instruction set computing (RISC) architectures for computer processors. In finance, an adjustable-rate mortgage.

Average Payoff

The expected return or payoff from an investment or decision, calculated as the mean of all possible payoffs.

ARM

Refers to a type of microprocessor architecture that is widely used in electronic devices and computing systems for its efficiency and power consumption advantages.