Professor Kramer Has Decided to Measure How Happy His Students

question 50

Multiple Choice

Professor Kramer has decided to measure how happy his students are with his teaching this semester. He is teaching two classes this semester-Psychology and Law and Introduction to Neuroscience. He gives his students a survey.
43 of 50 Introduction to Neuroscience students and 46 of 48 Psychology and Law students complete the survey. Based on this information, which of the following can Dr. Kramer say?

• A)His sample is larger than his population.
• B)His sample is representative.
• C)His sample is biased.
• D)His sample came from his population of interest.

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Definitions:

Imperfectly Competitive

Describes market structures that do not meet the conditions of perfect competition, often characterized by the presence of market power held by firms.

Nondiscriminating Monopolist

A monopolist that charges a single price for all units of a product sold, rather than engaging in price discrimination among different consumers.

Perfectly Elastic

Perfectly elastic describes a situation in which the quantity demanded or supplied can change infinitely in response to any change in price.

Imperfectly Competitive

Describes a market structure where the conditions necessary for perfect competition are not fully met, allowing firms some power to set prices.