The two basic sampling methods in use today are probabilistic and nonprobabilistic sampling
Indicate whether the statement is true or false
TRUE
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One of the problems when evaluating secondary data is that the data may be updated too frequently for the purpose of the problem at hand
Indicate whether the statement is true or false
When considering expected returns, what is true about the states of the world?
A) They must have probabilities that sum to 100%. B) They represent all possible outcomes. C) They are sometimes simplified into outcomes such as boom, bust, and normal. D) Statements A through C are all true.
The Canfields want to landscape their five-acre yard. The couple plans an herb garden in back that will lead to an English cottage garden. In the west side yard, they are planning on a Japanese garden and a rose garden will be located in the east side yard. They have hired a landscaper to draw the design and to do the actual planning. The Canfields want input on the landscaping. They have asked the landscaper to set up several points where they can give their inputs, correct anything they do not like and make changes before the plan is finalized. Most landscapers would be bothered with this seeming interference, but the landscaper the Canfields chose has used this method for years as a way to measure his company's customer service performance. The landscaper is using a method of gathering
customer information most similar to which of the following methods? A. Trailer calls B. Requirements research C. Market-oriented ethnography D. Critical incidents studies E. Process checkpoint evaluations
A deed is:
a. a document detailing the expenses associated with maintaining a piece of property b. the means by which the owner of property has legal possession of the property c. the means by which an owner of property sues when someone violates his property rights d. the cheapest way to file taxes on piece of property e. none of the other choices are correct