Consider the Following to Answer the Question(s) Below

question 21

Multiple Choice

Consider the following to answer the question(s) below.
A consumer research group is interested in how older drivers view hybrid cars. Specifically, they wish to assess the percentage of drivers in Canada 50 years of age or older who intend to purchase a hybrid in the next two years. Suppose that they selected a systematic sample from a list of CARP (Canadian Association of Retired Persons) members. Based on this sample, they estimated the percentage to be 17%.
-Which of the following statements about this study is false?

• A) Most likely, 17% of those sampled intend to purchase a hybrid in the next two years.
• B) Systematic random sampling is a valid sampling technique.
• C) 17% is a statistic.
• D) 17% is a parameter.
• E) The value of the population parameter is unknown.

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Definitions:

Centralisation

The process of concentrating decision-making authority at higher levels of an organization, leading to centralized control.

Service Level Agreements

Formal contracts between service providers and customers that define the level of service expected from the provider.

Corporate Objectives

The defined goals and intentions of a corporation, aimed at guiding its overall direction and strategy for achieving success and growth.

Internal Customers

Individuals or departments within an organization that receive products or services from other parts of the company.