A middle school was interested in surveying their students to find out opinions about the
schools media center.
To facilitate data collection, the homeroom period was extended 30
minutes to allow everyone in the school ample time to respond to a short questionnaire.
Unfortunately, it was learned after the surveys had been completed that all honors students in
the middle school were on an all-day field trip and away from school for the entire day. The
exclusion of their input into the survey would be considered which type of sampling problem?
A) nonresponse bias B) measurement error C) selection bias
C
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Which merchandising personnel position in a retail chain oversees the execution of merchandise selection and procurement for a particular segment of business?
a. buyer b. associate buyer c. store manager d. divisional merchandise manager
An importer in Germany requests a price quotation from a cotton broker in Memphis. The broker wishes to place the cotton in the hands of a multimodal terminal operator in Memphis for shipment through the port of New Orleans. He will pay the freight charges through to the German seaport, but he wishes the risk of loss to the cotton to pass to the German importer as soon as he places the cotton in
the hands of the multimodal terminal operator in Memphis. The broker should quote his prices for the cotton: A) CIF Germany. B) FOB New Orleans. C) CPT New Orleans. D) Ex Factory. E)None of the above.
You have been asked out on a date by a coworker you are not attracted to. In fact, you don't really like the person. Which of the following would be an appropriate assertive behavioral response for this scenario?
A. "I'm sorry; I'm not interested in you." B. "I'm sorry; I'm busy that night." C. "Okay, I'll see you at 8 P.M." D. "Are you kidding me? I wouldn't go out with you."
The right of ____ gives the insurer the right to recover its costs from the at-fault party after the company has paid a claim to its insured
a. subrogation b. indemnity c. insurance interest d. coinsurance e. none of these