Using Random Selection Is a Way to Ensure That

question 191

Multiple Choice

Using random selection is a way to ensure that

• A) a sample is representative of a population by giving everyone an equal chance of being selected for the sample.
• B) every participant in a sample has an equal chance of taking part in any condition of an experiment.
• C) participants who fit certain criteria for gender and ethnicity are more likely to be selected as part of a sample.
• D) every member in a population is sampled.

---

Definitions:

Common Input

A shared resource or factor used in the production process of two or more goods or services.

Absorption Approach

A framework in economics or international finance often referring to the way a country's economy can "absorb" changes in exchange rates or balance of payments without impacting the real economy.

Anticipated Markup

The expected percentage added to the cost of goods to calculate the selling price, aiming for profit.

Elastic Demand

A situation where demand for a product or service significantly changes in response to changes in price.