When a Local Television Station Sends a Crew to Interview

question 41

Multiple Choice

When a local television station sends a crew to interview joggers in the city park on a beautiful spring day,what type of sample is being used?

• A)cluster sample
• B)multistage area sample
• C)systematic sample
• D)convenience sample

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Definitions:

Variable Cost

Costs that vary directly with the level of production or sales volume, such as raw materials and labor costs.

Outside Provider

An external entity or organization that supplies goods or services to another business or individual.

Special Order

A one-time or unique purchase order for goods or services, often tailored to specific requirements outside of regular offerings.

Broker Commission

A fee paid to a broker for executing a transaction. It is typically calculated as a percentage of the transaction value.