Provide an Appropriate Response

question 149

Multiple Choice

Provide an appropriate response.
-A psychology student wishes to investigate differences in political opinions between business majors and political science majors at her college. She randomly selects 100 students from the 260 business majors and 100
Students from the 180 political science majors. Does this sampling plan result in a random sample? Simple
Random sample? Explain.

• A) No; no. The sample is not random because political science majors have a greater chance of being selected than business majors. It is not a simple random sample because some samples are not possible, such as a
• Sample consisting of 50 business majors and 150 political science majors.
• B) Yes; yes. The sample is random because all students have the same chance of being selected. It is a simple random sample because all samples of size 200 have the same chance of being selected.
• C) No; yes. The sample is not random because political science majors have a greater chance of being selected than business majors. It is a simple random sample because all samples of size 200 have the same chance
• Of being selected.
• D) Yes; no. The sample is random because all students have the same chance of being selected. It is not a simple random sample because some samples are not possible, such as a sample consisting of 50 business
• Majors and 150 political science majors.

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Definitions:

Subsidies

Financial contributions by a government or public body to support businesses, consumers, or economic sectors, reducing the price of goods and services or the cost of production.

Economic Integration

Occurs when two or more nations join to form a free-trade zone.

Free-Trade Zone

A specific area within a country where goods may be imported, handled, manufactured, or reconfigured without direct intervention by the customs authorities, often to encourage trade and investment.

Acquired Comparative Advantage

An advantage gained by a country or firm through learning, innovation, and investment, as opposed to natural endowments.