Susan Would Like to Conduct a Survey of Homeowners in the Meadowbrook

question 54

Multiple Choice

Susan would like to conduct a survey of homeowners in the Meadowbrook neighborhood to get their opinions on proposed road modifications in the area. Which of the following is an example of a convenience sample?

• A)Susan selects every third house on each street in the neighborhood.
• B)Susan randomly chooses two streets in the neighborhood and selects every home on these streets.
• C)Susan selects the first 20 homes that she passes as she walks into the entrance of the neighborhood.
• D)None of these choices describes a convenience sample.

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Definitions:

Delaying Resource Extraction

The practice of postponing the extraction of natural resources to preserve them for future use, often for sustainability reasons.

Profit-Maximizing

The process of adjusting production and operations to achieve the highest possible profit based on current market conditions and cost structures.

Market Failure

Occurs when the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.

Resource Extraction

The process of retrieving natural resources from the earth, such as minerals, oil, and gas, for human use.