The Dean of Students Mailed a Survey to a Total

question 123

Multiple Choice

The Dean of Students mailed a survey to a total of 400 students. The sample included 100 students randomly selected from each of the freshman, sophomore, junior, and senior classes on campus last term. What sampling method was used?

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

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Definitions:

Finished Product

The final output of a manufacturing process, ready for sale or distribution to the end-user.

Gross Margin

A company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage, indicating the financial health and profitability of a product or service.

Marketing Plan

A comprehensive strategy outlining an organization's advertising and marketing efforts, including target markets, marketing objectives, and initiatives to achieve them.

Ability To Make A Profit

The ability to make a profit reflects a business's capacity to generate more revenue than its expenses through its operations and strategies.