Determine the Sampling Technique Which Is Used

question 1

Multiple Choice

Determine the sampling technique which is used
-A market researcher randomly selects 100 homeowners under 55 years of age and 500 homeowners over 55 years of age. What sampling technique was used

• A) stratified
• B) random
• C) cluster
• D) convenience
• E) systematic

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Definitions:

Minimum Acceptable Return

The lowest return on investment that a manager or investor is willing to accept, often used in capital budgeting and investment planning.

Performance Measure

A metric or indicator used to assess the efficiency, effectiveness, and success of an organization's operations or employees.

Investment Turnover

A measure of a company's efficiency in using its assets to generate sales or revenue; the ratio of sales to investment in assets.

Income From Operations

The profit realized from a business's ongoing, core business activities, excluding deductions of interest and taxes.