In a Random Sample of 200 Students from Northern State

question 222

Multiple Choice

In a random sample of 200 students from Northern State University, 150 said that they own a smartphone. Therefore, probably at least 50% of the students at Northern State own a smartphone.

• A) False cause.
• B) Missing the point.
• C) Hasty generalization.
• D) No fallacy.
• E) Composition.

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Definitions:

Compounded Annually

Refers to the process of earning interest on both the initial principal and the accumulated interest from previous periods on a yearly basis.

Interest

The charge for borrowing money or the return on invested capital, usually expressed as a percentage of the principal amount over a specific period.

Compounded Annually

A method where interest is calculated once a year on the initial principal and all accumulated interest from previous periods.

Plant Expansion

The process of increasing the capacity or capabilities of a manufacturing or production facility.