A Polling Company Conducted a Survey of Voters to Obtain

question 77

Multiple Choice

A polling company conducted a survey of voters to obtain data for a political campaign. They selected 3500 voters randomly from the 168,000 names on the voter registration lists of the county and found that 1372 intended to vote for candidate Doe. The 168,000 names represent:

• A) the population.
• B) the sample.

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Definitions:

Market Equilibrium

A condition or state where the quantity demanded of a good or service at a certain price equals the quantity supplied, leading to a stable market condition.

Collusion

An agreement, usually secretive, between firms to fix prices, limit supply, or inhibit competition.

Candy Bar Manufacturers

Companies or entities that specialize in producing and distributing candy bars.

Grocery Store

A retail establishment that primarily sells food, both fresh and packaged, along with various household items.