Use the Following Information to Calculate the Quality Spread Differential

question 4

Multiple Choice

Use the following information to calculate the quality spread differential (QSD) :

• A)0.50%
• B)1.00%
• C)1.50%
• D)2.00%

---

Definitions:

Random Sampling

A method of selecting a sample from a population in such a way that every individual has an equal probability of being chosen.

Representative Sample

A representative sample is a subset of a population that accurately reflects the members of the entire population.

Generalize

To draw a broad conclusion from specific instances, allowing for the application of findings in a general context.

Correlation

A statistical measure that describes the extent to which two variables change together.