A Manager Chose Two People from Her Team of Eight

question 50

Multiple Choice

A manager chose two people from her team of eight to give an oral presentation because she felt they were representative of the whole team's views.What sampling technique did she use in choosing these two people?

• A)Convenience
• B)Simple random
• C)Judgment
• D)Cluster

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Definitions:

Level of Significance

A threshold in hypothesis testing that determines the probability at which the null hypothesis is rejected.

Type I Error

The incorrect rejection of a true null hypothesis, also known as a "false positive," indicating a test's incorrect indication of a significant effect.

Available-For-Sale Securities

Financial assets that are neither classified as held for trading nor held to maturity, and are recorded at fair value with unrealized gains or losses reported in other comprehensive income.

Held-To-Maturity Investments

Financial assets acquired with the intent and ability to be held until a defined maturity date.