Canadian National Railways (CN)plays Such a Large Role in Moving

question 12

Multiple Choice

Canadian National Railways (CN) plays such a large role in moving goods around the country that there is usually a close relationship between fluctuations in CN's business and fluctuations in GDP.When CN sees an increase in demand for its services, we can likely expect

• A)a decrease in GDP.
• B)an increase in GDP.
• C)a drop in the exchange rate.
• D)an increase in unemployment.
• E)a decrease in the price level.

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Definitions:

Random Variables

Variables whose possible values are numerical outcomes of a random phenomenon.

Judgment Sampling

A non-probability sampling method where the researcher selects units to be sampled based on their knowledge and professional judgment.

Subjective Method

A method based on personal judgment and opinion rather than on external data or objective measurement.

Sampling

This involves selecting a subset of individuals from a population to estimate characteristics of the whole population.