Examlex

Solved

Determine the Type of Sampling Used: Systematic, Convenience, Stratified, or

question 27

Short Answer

Determine the type of sampling used: systematic, convenience, stratified, or
cluster.
-To obtain a sample of diabetics, a graduate student contacts nearby hospitals for a list of names.


Definitions:

Multiple-Zone Pricing

A pricing strategy where a company sets different prices for the same product or service in different geographical areas, based on local market conditions.

Price-Setting Process

The method by which a company determines the selling price of its products or services, taking into account costs, competition, and customer demand.

Mail Order

A retailing strategy where products are sold directly to consumers through catalogs or online platforms, without a physical storefront.

Single-Zone Pricing

A pricing strategy where a company charges the same price for a product or service across all geographic locations, ignoring transportation costs.

Related Questions