You Are Doing Research on Inmates Leaving Your State's Prison

question 24

Multiple Choice

You are doing research on inmates leaving your state's prison system during the calendar year 2006 with respect to their living arrangements upon release.It is assumed that inmates living with their families will have lower recidivism rates,therefore what sampling technique would do best to obtain a representative sample?

• A) simple random sample
• B) quota sample
• C) stratified sample
• D) snowball sample

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Definitions:

Rule of 70

A formula used to estimate the number of years required for an investment or population to double, given a fixed annual growth rate.

Interest Rate

The sum charged by a lender, as a fraction of the principal, for the privilege of accessing assets by a borrower.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.

Interest Rate

The cost of borrowing money, expressed as a percentage of the total amount loaned, or the rate of return on investments.