Evelyn Has Been Hired by a Local University to Conduct

question 28

Multiple Choice

Evelyn has been hired by a local university to conduct a study about undergraduate drinking habits.She has not yet decided how to distribute the survey.She wants to ensure a high response rate, and is also concerned about protecting participant confidentiality.She should _____________.

• A)Hire a team of undergraduate students from the university and train them to administer the survey as an interview
• B)Place clip boards with paper surveys on them in the busiest place on campus, and provide a box for students to deposit them in
• C)Email a link to an anonymous web survey to every student
• D)Use a team of researchers unrelated to the university to administer the survey as an interview

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Definitions:

Quarterly Compounded

Interest is added to the principal every three months, with subsequent interest calculations based on the resulting total.

GIC

A Guaranteed Investment Certificate (GIC) is a type of Canadian investment that offers a guaranteed return over a fixed period.

Monthly Compounded

Interest on an investment or loan is calculated monthly and added to the principal, allowing the interest to earn interest in subsequent months.

Nominal Rate

The stated interest rate of an investment or loan, not accounting for compounding or inflation effects.