A Research Project Is Conducted by Offering a Randomly Selected

question 64

Multiple Choice

A research project is conducted by offering a randomly selected 300 of the 500 local Toyota Prius owners a chance to use a new fuel additive for 6 months to see if their gas mileage improves. 225 of the 300 randomly selected Prius owners agree to the offer, 50 of those drop out of the project after 1 month, another 50 drop out after 2 months, and 25 more drop out after 3 months. The rest remain for the duration of the project. Using the intention to treat method, the results from how many of the Prius owners who were randomly selected should be included in the research project?

• A) 100
• B) 200
• C) 225
• D) 300

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Definitions:

Graphic Representation

A visual method of displaying information or data, such as charts, diagrams, or maps.

Equal Probability

refers to the principle that every outcome in a given sample space has the same chance of occurring.

Certainty

The state of being sure or confident about something, often used in decision-making scenarios where outcomes can be predicted with high accuracy.

EMV

Expected Monetary Value; a decision-making tool used in risk management to calculate the average outcome of future events.