To Gather Information on the Preferences of Instructors at Universities

question 21

Multiple Choice

To gather information on the preferences of instructors at universities on topics for a business statistics textbook that it will publish,a publishing company invited 10 faculty members who have adopted one of the textbooks that it has published.This is an example of a

• A)systematic sample
• B)judgment sample
• C)simple random sample
• D)stratified sample

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Definitions:

Market Price

The market's current rate for purchasing or selling an asset or service.

Subscription Price

The price at which existing shareholders are allowed to buy additional shares of a company, usually at a discount.

Initial Public Offering (IPO)

The process by which a private company offers shares of stock to the public for the first time to raise capital.

Underwriter

A professional or company that assesses and accepts the risk of another party, often used in insurance and securities issuing.