Select the Sample Most Representative of the Population of Interest

question 149

Multiple Choice

Select the sample most representative of the population of interest.
-A concerned parent wants to determine the amount of time spent on the phone by her child's friends.

• A)The results of a national poll of 1800 students in the same age group as the child
• B)The answers to the question by the parent(s)of 10 of the friends
• C)The phone records of 10 of the group of friends
• D)The answers to the question by 10 of the friends

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Definitions:

Designing Products

The process of creating a new product to meet customer needs or market demand, involving concept creation, design, and development.

Activity Cost Pool

A way to group all the costs related to a specific activity or process, used in activity-based costing.

Direct Labor Rate

The cost per hour that a company pays for direct labor, typically related to the production of goods.

Direct Materials Cost

The cost of raw materials directly used in the production of a product, easily identifiable and assignable to the product.