Which financial institution below would be most likely to lend to a first-time borrower?

A)

Commercial bank
B)

Savings and loan
C)

Specialized consumer finance company
D)

General-purpose consumer finance company

D

Business

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________ is a form of convenience sampling in which the population elements are selected based on the judgment of the researcher

A) Nonprobability sampling B) Probability sampling C) Convenience sampling D) Judgmental sampling

Business

The number of phone calls coming into a switchboard in the next five minutes will either be 0, 1, or 2. The probabilities are the same for each of these (1/3)

If X is the number of calls arriving in a five-minute time period, what is the mean of X? A) 1/3 B) 2/3 C) 1 D) 4/3 E) None of the above

Business