Which of These Types of Sampling Is Used

question 9

Multiple Choice

which of these types of sampling is used:
-The name of each contestant is written on a separate card, the cards are placed in a bag, and three names are picked from the bag.

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

---

Definitions:

Capital Goods

Capital goods are physical assets that a business uses in the production process to manufacture products and services that consumers will later use.

Consumer Desire

The want for goods, services, or experiences that can provide satisfaction or utility to the consumer.

Profits of Industry

The total earnings of companies within a specific sector after subtracting costs and expenses.

Resources Employed

Refers to the allocation and utilization of resources such as labor, capital, and materials to produce goods and services.