Your University Wants to Understand How Graduates Are Doing Two

question 113

Multiple Choice

Your university wants to understand how graduates are doing two years after completing their degree. They place 2000 graduates' names in a hat and randomly begin selecting names to call. This type of selection is known as:

• A)probability sampling.
• B)statistical inference.
• C)nonprobability sampling.
• D)extrapolation.

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Definitions:

Operations Management

Focuses on the planning, organizing, and supervising of production, manufacturing, or the provision of services, ensuring efficient operations and effective management of resources.

Mass Customization

A strategy that combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.

Global Focus

An approach or strategy that considers the entire world as a sphere of operation or influence, emphasizing international markets and multicultural inclusivity.