TABLE 14-2 A Political Pollster Randomly Selects a Sample of 100 Voters

question 104

Multiple Choice

TABLE 14-2
A political pollster randomly selects a sample of 100 voters each day for 8 successive days and asks how many will vote for the incumbent. The pollster wishes to construct a p chart to see if the percentage favoring the incumbent candidate is too erratic.
-Referring to Table 14-2, which expression best characterizes the p chart?

• A) in control
• B) increasing trend
• C) decreasing trend
• D) individual outliers

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Definitions:

Wage

The fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to a manual or unskilled worker.

Rent

The price paid for the use of property or land, typically agreed upon between the owner and the user for a specified period.

Net Wealth

The total value of all financial and non-financial assets owned by an individual or company minus the total of all its outstanding liabilities.

Consumption

The process by which goods and services are used up or utilized, reflecting household spending.