subject
Business, 18.04.2020 04:54 eysahvdtuj

You and your colleague are designing a study to try to determine the ideal mean cost for a discretionary service. You will market your service to a very large population. Your colleague thinks you will get the best data if you take lots of small samples. You think the data will be more reliable if you take one or two very large samples.

A)You are equally wrong-unless you use stratified sampling, you cannot expect reliable results.
B):You are equally correct-there is little difference in the reliability of these sampling methods.
C)You are equally correct-there is little difference in the reliability of these sampling methods.
D)You are right-the means of a few large samples will yield more reliable results.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 18:10
Classifying inflows and outflows of cash classify each of the following items as an inflow (i) or an outflow (o) of cash, or as neither (n). lg 2 lg 2 item change ($) item change ($) cash +100 accounts receivable −700 accounts payable −1,000 net profits +600 notes payable +500 depreciation +100 long-term debt −2,000 repurchase of stock +600 inventory +200 cash dividends +800 fixed assets +400 sale of stock +1,000
Answers: 1
question
Business, 22.06.2019 12:40
Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?
Answers: 2
question
Business, 22.06.2019 21:10
You are the manager of a large crude-oil refinery. as part of the refining process, a certain heat exchanger (operated at high temperatures and with abrasive material flowing through it) must be replaced every year. the replacement and downtime cost in the first year is $165 comma 000. this cost is expected to increase due to inflation at a rate of 7% per year for six years (i.e. until the eoy 7), at which time this particular heat exchanger will no longer be needed. if the company's cost of capital is 15% per year, how much could you afford to spend for a higher quality heat exchanger so that these annual replacement and downtime costs could be eliminated?
Answers: 1
question
Business, 22.06.2019 23:50
Keisha took the vark inventory and discovered she prefers to learn mainly through visual and kinesthetic modes. which study strategy would best match these preferences?
Answers: 1
You know the right answer?
You and your colleague are designing a study to try to determine the ideal mean cost for a discretio...
Questions
question
Chemistry, 30.10.2020 16:40
question
History, 30.10.2020 16:40
question
Chemistry, 30.10.2020 16:40
Questions on the website: 13722367