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Suppose a Researcher Wishes to Use Stratified Random Sampling to Select

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Suppose a researcher wishes to use stratified random sampling to select a representative sample of 100 people from a population that has the following characteristics: Suppose a researcher wishes to use stratified random sampling to select a representative sample of 100 people from a population that has the following characteristics:   Suppose the researcher mails the survey to the 100 people in the representative sample and only 50 of the people return a completed survey.Can you state that this sample of 50 represents the population? Why or why not? Suppose the researcher mails the survey to the 100 people in the representative sample and only 50 of the people return a completed survey.Can you state that this sample of 50 represents the population? Why or why not?


Definitions:

Profit-Volume Chart

A graphical representation that shows the relationship between a company's profits and its volume of sales, highlighting the break-even point.

Operating Profit

Income generated from core business operations, excluding revenue and expenses from non-operating activities.

Sales Mix

The combination or ratio of different products or services that a company sells, impacting its profitability.

Distribution of Sales

The analysis or allocation of sales among different categories, regions, or periods to understand the pattern or strategy of sales.

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