Examlex

Solved

In a Business Statistics Class Students Sit Randomly Without Particular

question 93

True/False

In a business statistics class students sit randomly without particular preferences. A sample is selected by including everybody who sits in the first row. This is an example of a cluster sample.


Definitions:

Service Station

A facility dedicated to the sale of gasoline and often providing maintenance and repair services for vehicles.

Customer Value

The satisfaction a customer derives from a product or service in comparison to its cost, influencing loyalty and purchase decisions.

Product

Any item or service offered for sale or use, often as a result of a manufacturing or production process.

Utility

A term in economics referring to the total satisfaction received from consuming a good or service.

Related Questions