A High School Principal Wishes to Determine What Proportion of the School's

question 98

Essay

A high school principal wishes to determine what proportion of the school's students likes the new school mascot. The principal decides to survey every 25th name from the school enrollment records (an alphabetical list of all students at the school). Is this a valid simple random sampling technique? Why or why not?

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Definitions:

Substantial Losses

Significant financial shortfalls resulting from business activities or investments, typically impacting a company's bottom line.

Competitive Industry

An industry characterized by a marketplace with many sellers and buyers, ensuring no single participant has significant market power.

Resources Move

The economic principle that factors of production, such as labor and capital, are allocated to various uses based on market dynamics and incentives.

Distribution Of Output

Refers to how the total output of goods or services is spread across various participants in an economy, affecting income and wealth distribution.