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For Each of the Following Studies, State What Method of Sampling

question 1

Short Answer

For each of the following studies, state what method of sampling was used.
-in order to poll residents about the election, a researcher used a computer to generate phone number digits and called the first 1000 names on the list


Definitions:

Sunk Cost

Costs that have already been incurred and cannot be recovered or reversed.

Model 240 Machine

A hypothetical or specific name for a machine, possibly denoting a particular model or type used in manufacturing or industrial settings.

Contribution Margin

The amount of revenue remaining after deducting variable costs, available to cover fixed costs and contribute to profits.

Selling Price

The selling price of a product or service to buyers.

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