Obtain a Simple Random Sample

question 42

Multiple Choice

Obtain a Simple Random Sample
-The policy committee at State University has 6 members: John, Prof. Rise, Dr. Hernandez, LaToyna, Ming, and Jose. A subcommittee of two members must be formed to investigate the visitation policy in the dormitories. List all possible simple random samples of size 2.

• A) John and Prof. Rise, John and Dr. Hernandez, John and LaToyna, John and Ming, John and Jose, Prof. Rise and Dr. Hernandez, Prof. Rise and LaToyna, Prof. Rise and Ming, Prof. Rise and Jose,
• Dr) Hernandez and LaToyna, Dr. Hernandez and Ming, Dr. Hernandez and Jose, LaToyna and Ming,
• LaToyna and Jose, Ming and Jose
• B) John and Prof. Rise, Dr. Hernandez and LaToyna, Ming and Jose
• C) John and Prof. Rise, Prof. Rise and Dr. Hernandez, Dr. Hernandez and LaToyna, LaToyna and Ming,
• D) John and Prof. Rise, John and Dr. Hernandez, John and LaToyna, John and Ming, John and Jose

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Definitions:

Wage Rate

The amount of compensation paid to an employee by an employer for a unit of time worked, which can be expressed per hour, day, or other time unit.

Marginal Product

The additional output resulting from the use of one more unit of a factor of production.

Marginal Revenue Product Schedule

A representation that shows how the additional revenue generated changes with the addition of one more unit of a resource.

Marginal Revenue Product Curve

A graphical representation that shows the additional revenue generated by employing one more unit of a resource, such as labor.