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1. The fact that people in their twenties are more technology savvy than those over the age of forty should be taken into account when determining the population for a survey about new social media options to avoid________________.
A. random error
B. population specification error
C. surrogate information error
2. A researcher placed interviewers at multiple entrances and exits to a mall and asked them to interview a wide sample of mall visitors including parents, couples, and singles. In the process of verifying the responses, the researcher found that one interviewer only sampled mothers with children. The interviewer noted that only mothers with young children entered via his entrance. What kind of error has occurred here?
A. measurement error
B. processing error
C. frame error
3. All of the following are factors that determine the selection of a particular survey method except:
A. Sampling precision
B. Specific, chosen respondents
C. Budget
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You are required to submit a bid to supply 200,000,000 widgets per year to the State of Illinois for the next five years. Your company has an idle tract of real estate that cost $1,500,000 ten years ago; if your company sold the land today, it would ..
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Using the cost-benefit analysis method , estimate how much money MidCorp should spend on power protection. You will have to make several assumptions to do this. Your answer should contain an "assumptions" section in which you list them. Justify each ..
Stock A has an expected dividend of $1.30 payable as of two years from now (i.e. it is not expected to pay any dividends over the first two years). After that, dividends are expected to grow at an annual rate of 1% forever. If the discount rate is 5%..
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