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An environmental action group is interested in how many people will participate in a recycling program in a particular town. They obtain the entire list of households in the town, and they assign each household a number from 1 to 3000 (the number of households in the town) . They then use a computer to generate a list of 500 random numbers ranging from 1 to 3000. Using the list of random numbers, they draw a sample of 500 people to question about their use of the recycling program. What sampling method did this group use?
Executioner
Typically, an individual who carries out a death sentence; however, in a business context, it might metaphorically refer to someone who finalizes or terminates projects.
Stock-For-Stock Exchange
A type of corporate merger or acquisition where shares of one company are exchanged for shares of another.
Share Price
Share price refers to the current market price of a single share of a company's stock, representing the value investors are willing to pay for a piece of the company.
Acquiring Company
A corporation that purchases most or all of the shares of another company to gain control.
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