A Random Sample Refers to Which of the Following

question 61

Multiple Choice

A random sample refers to which of the following?

• A) Every person in the target population has an equal chance of being selected.
• B) There is no pre-planning in the selection process.
• C) Every person in the target population who is encountered is selected.
• D) Researchers decide how many persons of certain types they need in the survey.
• E) The poll is unscientific.

---

Definitions:

Utility Maximizing Rule

A principle in economics stating that to maximize satisfaction or utility, consumers allocate their expenditures so that the last unit of currency spent on each product provides the same level of marginal utility.

Budget Constraint

The limitation on the purchasing ability of a consumer based on available income and prices.

Marginal Utilities

The extra pleasure or benefit derived from consuming one more unit of a product or service.

Hard Candies

Sweet confections made by boiling sugar syrup to a high temperature and then cooling it to form solid candies.