The Following Data Pertains to Activity and the Cost of Electricity

question 66

Multiple Choice

The following data pertains to activity and the cost of electricity for two recent months:
The best estimate of the total monthly fixed electrical cost is:

• A) $300
• B) $1,200
• C) $1,500
• D) $1,050

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Definitions:

Haphazard Sampling

A non-systematic sampling method where items or individuals are selected randomly in an unplanned way, without any specific pattern.

Simple Random

A sampling method in which every member of a population has an equal chance of being selected for the sample.

Survey Questionnaires

A research instrument consisting of a series of questions designed to gather information from respondents for data collection purposes.

Quota Sampling

A non-random sampling technique where individuals are selected based on specific traits or characteristics to ensure representation of these traits in the sample.