Final Exam Name sHORT ANSwER write the word or phrase that b

Final Exam Name sHORT ANSwER. write the word or phrase that best completes each statement or the question. Identify which of these types of sampling is used: answers 1) A market researcher random, stratified, systematic, cluster, convenience. of selects 500 drivers under 30 years of age drivers over 1) age. Provide an appropriate response. 2) The graph below shows the average cost of renting a studio in one city in each of the years 20 2002 through 2006. By what percentage does the average price increase from 2002 to 2003? obtain a second version of the graph by sliding a piece of paper over the bottom of the graph so that the bars start at 300. In this new graph, by what percentage does the price appear to increase from 2002 to 2003? Is the second graph misleading? Average cost to rent studio 600 500 400 02 03 04 05 06 Year Use the range rule of thumb to estimate the standard deviation. Round results to the nearest tenth.

Solution

For the given statement, Stratified sampling is used because the researcher divides the drivers into two groups by using age.