A professor needs to select a volunteer for a project. Which of the following would not be an example of a simple random sample?
A) He chooses a number between 00 and 99. The student whose phone number has the last two digits closest to the one the professor has chosen is selected.
B) He chooses that individual whose name is first in alphabetical order.
C) He puts all student names in a bowl, mixes them up, and selects one.
D) He has each student select a number between 0 and 99 and write it down. He then selects the student whose number is closest to the last two digits of his social security number.
B
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An insurance company needs to obtain personal information from a third party concerning an applicant. Which law do all insurers and their producers need to comply with?
A) USA Patriot Act B) Personal Information Act C) Fair Credit Reporting Act D) McCarran-Ferguson Act
A typical company can expect to lose 10 to 30 percent of its customers each year because it turned them off
Indicate whether the statement is true or false