The Website Randomizer

question 26

Multiple Choice

The website randomizer.org is used to select 30 students without repetition from a statistics class with 135 members to rate a statistics video. These 30 students are:

• A) a simple random sample of the class.
• B) the population.
• C) a census.
• D) a voluntary response sample.

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Definitions:

Strategic Choices

Decisions made by individuals or organizations that have significant long-term implications on their objectives and activities.

Prisoners' Dilemma

A situation in game theory where two individuals acting in their own self-interest do not produce the optimal outcome for either party.

Optimal Behavior

Actions or decisions that maximize the benefit or utility to an individual or entity under given constraints.

Payoff Matrix

A table that shows the potential outcomes of different strategies in a competitive situation, typically used in game theory.