Analyze the Sampling Method

question 14

Multiple Choice

Analyze the sampling method.
-The administration of a large university is interested in learning about the types of
Wellness programs that would interest its employees. Suppose that the university
Randomly selects a school (e.g., the Business School) and surveys all of the individuals
(administration, faculty, professional staff, clerical and maintenance) who work in that
School. This sampling plan is called

• A) Simple Random Sampling
• B) Stratified Sampling
• C) Cluster Sampling
• D) Systematic Sampling
• E) Convenience Sampling

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Definitions:

Treasury Stock

Shares that were once part of the outstanding shares and were bought back by the company.

Preferred Stock

A class of ownership in a corporation with a priority claim on assets and earnings before common stock.

Common Stock

A form of corporate equity ownership, a type of security representing an ownership stake in a corporation.

Market Price

The immediate rate at which assets or services are traded in the open market.