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Answer the question.
-A concerned parent wants to determine the amount of time spent on the phone by her child's friends. Which
Sample is likely to bias the results of the study by reporting less than the actual time?
Heavily Discounted Price
A significantly reduced price off the original or market cost of goods or services, often used as a promotional strategy.
Psychological Pricing
A pricing strategy intended to encourage customers to buy on the basis of their belief that the product or service is cheaper than it really is.
Less Expensive
Characteristic of a product, service, or proposition that costs less, making it more affordable or providing a budget-friendly option.
Loss Leader
A pricing strategy whereby a business offers a product or service at a lower price in an attempt to attract more customers.
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