Management at a Large Multinational Corporation Would Like to Survey

question 5

Multiple Choice

Management at a large multinational corporation would like to survey its employees about the level of interest in combining flexible work schedules with telecommuting from
Home. The HR Department has an alphabetized list of newly hired employees (hired
Within the last year) . After starting the process by randomly selecting an employee from
The list, then every 5th name is chosen to be included in the sample. This sampling plan is
Called

• A) Simple Random Sampling
• B) Stratified Sampling
• C) Cluster Sampling
• D) Systematic Sampling
• E) Convenience Sampling

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Definitions:

Futures Contract

A standardized legal agreement to buy or sell a particular commodity or financial asset at a predetermined price at a specified time in the future.

Futures Contract

A contractual arrangement to purchase or sell a specified asset, like a commodity or financial instrument, at an agreed-upon price on a future date.

Bushels

A unit of volume that is used primarily for measuring quantities of grain.

Soybeans

A type of legume native to East Asia, widely grown for its edible bean which has numerous uses, including oil production and as a protein source in animal feeds and various food products.