Hi-Test Cola Company Wanted to Create a Sample That Would

question 145

Multiple Choice

Hi-Test Cola Company wanted to create a sample that would contain 25 of its regular cola drinkers, 25 of its diet cola drinkers, 25 of its diet caffeine-free drinkers, and 25 of its caffeine-free regular cola drinkers.The company did this by stopping people on the street and continuing until it had spoken to enough people to meet the requirement.Which of the following the sampling methods was used?

• A) Non-probability convenience sample
• B) Non-probability quota sample
• C) Probability cluster sample
• D) Probability simple random sample

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Definitions:

Raw Materials

Basic materials and substances used as inputs in the manufacturing process to produce goods or finished products.

Purchase

The act of buying goods or services, an essential activity in the operations of a business.

Indirect Labor Costs

Expenses related to employees who do not directly work on a product but are necessary for the production process, such as maintenance personnel.

Job-order Costing

An accounting method where costs are assigned to each individual job, commonly used in custom or batch production environments.