Associated Press - in Order to Determine How American Undergraduate

question 24

Multiple Choice

Associated Press - In order to determine how American undergraduate college
Students feel about eliminating spring break in order to finish spring term a week Early, a survey was conducted. Two hundred undergraduate students from the University of Miami (FL) were interviewed. Both of the interviewers hired to conduct The survey were told to interview 25 freshmen, 25 sophomores, 25 juniors, and 25
Seniors. Of the 200 students interviewed, 20% were in favor of the elimination of
Spring break, 70% were opposed, and 10% had no opinion
-Refer to the situation described above; what type of sampling method was used to gather the sample?

• A) Simple Random Sampling
• B) Stratified Sampling
• C) Biased Sampling
• D) Convenience Sampling
• E) None of the above.

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Definitions:

Excess Demand

A market condition where the quantity demanded of a good exceeds the quantity supplied at a given price, often leading to price increases.

Supply

The total quantity of a good or service that the market can offer.

Demand

The amount of a product or service that consumers are willing and able to purchase at various prices during a specified period.

Equilibrium

A situation where the amount of goods available in the market matches what consumers want to buy, leading to stable prices and consistent availability.