Inside the Boxes of a New Brand of Cereal,is a Short

question 23

Multiple Choice

Inside the boxes of a new brand of cereal,is a short survey that can be mailed back for free to the manufacturer.The survey asks the consumer if he or she likes the cereal or not.What,if any,will be the most noticeable bias for this survey?

• A)Undercoverage of the population
• B)Nonresponse bias
• C)Response bias
• D)Voluntary response bias
• E)There does not seem to be any bias.

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Definitions:

Weekly Disbursements

The total amount of cash paid by a business for its operational expenses on a weekly basis.

Miller-Orr Model

A financial model used to manage cash flow and cash reserves, helping firms to decide on the optimal level of cash balances and when to transfer funds.

Disbursements

Money paid out by a business or organization for various purposes, including expenses, investments, and dividends.