Suppose You Want to Find Out What Percentage of Students

question 35

Essay

Suppose you want to find out what percentage of students at your university would pay extra fees for the use of a new recreation center, and you want a simple random sample of 100 students.Suppose you go to the current recreation center and ask every 10th student who comes in the door to participate in your survey, until you have 100 people.Does this method of sampling give you a simple random sample? Explain your answer.

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Definitions:

Direct Expenses

Costs directly attributable to the production of a specific product or service, such as materials and labor.

Rights Offering

A rights offering is a method by which a company raises capital by offering existing shareholders the right to buy additional shares directly, usually at a discount to the current market price.

Existing Stock

Securities or inventory that are currently held or available for sale in the market.