Consider the Following to Answer the Question(s) Below

question 8

Essay

Consider the following to answer the question(s) below:
The option to buy extended warranties is commonplace with most electronics purchases. Does the type of purchase affect a consumer's willingness to pay extra for an extended warranty? Data for 420 consumers who purchased digital cameras and laptop computers from a leading electronics retailer are summarized in the table.
-The administration of a large university is interested in learning about the types of wellness programs that would interest its employees. To do this, they plan to survey a random sample of employees. Under consideration are several plans for selecting the sample. Name the sampling strategy for each.
a. There are five categories of employees (administration, faculty, professional staff, clerical, and maintenance). Randomly select ten individuals from each category.
b. Each employee has an ID number. Randomly select 50 numbers.
c. Randomly select a school within the university (e.g., Business School) and survey all of the individuals (administration, faculty, professional staff, clerical and maintenance) who work in that school.
d. The HR Department has an alphabetized list of newly hired employees (hired within the last five years). After starting the process by randomly selecting an employee from the list, then every 5th name is chosen to be included in the sample.

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Definitions:

IQ Scores

Numerical representations of an individual's cognitive abilities as compared to the average population.

Creative Thinking

The ability to think in novel and unusual ways to come up with unique solutions to problems.

Attention-Deficit/Hyperactivity Disorder

A neurodevelopmental disorder characterized by patterns of behavior that include inattention, hyperactivity, and impulsivity.

Inattentive

Characterized by a difficulty in maintaining focus or paying attention, often leading to oversight or errors.