Announcements

question 93

Essay

Announcements. A high school in Wisconsin stopped having announcements read to students over the intercom system, choosing to have announcements displayed on television monitors located throughout the building. To see how students feel about the new system the principal wants to conduct a survey. Explain how to select a sample of about 500 students using each sampling method below:
a. Simple random sample
b. Stratified random sample with grade levels as strata
c. Cluster sample with classrooms as clusters

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Definitions:

Tax Difference

The variation between taxes expected to be paid versus those actually paid, due to differences in tax rates, tax laws, or differences in interpretation of tax liabilities.

Book Value

The net value of a company's assets subtracted by its liabilities and preferred stock, indicating what remains for common shareholders according to accounting standards.

Market Value

The existing cost for buying or selling an asset or company in the market.

Taxable Income

The amount of an individual's or entity's income used to determine how much tax is owed, calculated by deducting allowable deductions and exemptions from gross income.