A Carload of Palletized Aluminum Castings Has Arrived at Mansfield

question 44

Multiple Choice

A carload of palletized aluminum castings has arrived at Mansfield Motor Manufacturers. The car contains 1,000 pallets of 100 castings each. Mario Munoz,manager of Quality Assurance,directs the receiving crew to deliver the 127th and 869th pallets to his crew for 100% inspection. Mario randomly selected 127 and 869 from a table of random numbers. Mario's sample of 200 castings is a _____________.

• A) simple random sample
• B) systematic sample
• C) stratified sample
• D) cluster sample
• E) convenience sample

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Definitions:

Required Rate

The minimum return an investor expects to achieve when investing in a particular asset, taking into account its risk level.

Annual Cash Flows

Annual cash flows represent the net amount of cash and cash equivalents being transferred into and out of a business in a specific fiscal year, reflecting operational, investing, and financing activities.

Required Rate Of Return

The minimum rate of return an investor expects to receive on an investment, considering the risk level and the opportunity cost of alternative investments.

Annual Cash Flows

The total amount of money being transferred into and out of a business, measured on a yearly basis.