In Reporting the Design and Execution of a Survey,which of the Following

question 11

Multiple Choice

In reporting the design and execution of a survey,which of the following does NOT need to be reported?

• A)completion rate
• B)sampling method
• C)sample size
• D)cost of administering survey
• E)data-collection method

Comprehend the role of random sampling in statistical studies.

Grasp the concepts of descriptive and inferential statistics.

Understand the application and interpretation of significance levels in making statistical conclusions.

Define the terminology used in statistical analysis, including population, sample, statistic, and parameter.

---

Definitions:

Required Rate of Return

The minimum return an investor expects to receive on an investment to compensate for its risk.

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows.

Working Capital

The distinction between a corporation's short-term assets and liabilities, showing the available capital for operational purposes.

Fast-Food Chain

A series of restaurants serving food quickly and standardized in method and by the same brand name.