Which of the following is a probability sample?
a. Quota sample
b. Convenience sample
c. Cluster sample
d. Judgment sample
e. Snowball sample
Question 2The baby boom generation
a. created a revolution in social attitudes, music, fashion, and politics.
b. was one of the most conservative in history.
c. faced one of the hardest economic times in U.S. history.
d. was the first generation not to achieve the economic status of its parents.
e. was known as the conformist generation because it wanted to get ahead and not make waves.
Question 3The single-factor analysis method of classifying accounts is also known as the portfolio method.
Indicate whether the statement is true or false
Question 4In probability samples, the probabilities of each element being included must be
a. known.
b. nonzero.
c. equal.
d. known and equal.
e. known and nonzero.
Question 5Which of the following behaviors and attitudes do not characterize Baby Boomers?
a. They spend more time browsing the Internet than any other group.
b. They are heavy users of financial services.
c. Many are still in their peak earning years.
d. They value groups and collectivism.
e. They are sensitive to aging and many will buy cosmetics and other products to delay the aging process.
Question 6Personal goals and territory goals are interdependent.
Indicate whether the statement is true or false
Question 7The distinguishing feature of nonprobability sampling plans is that
a. they allow an assessment of sampling error.
b. they are not as representative of the population as probability samples.
c. they involve personal judgment somewhere in the selection of sample elements.
d. there is only one basic type of nonprobability sample while there are several types of probability samples.
e. they tend to be more expensive than probability samples.
Question 8The baby boomers are those who were born between
a. 1906 and 1924.
b. 1966 and 1984.
c. 1926 and 1944.
d. 1946 and 1964.
e. World War I and World War II.
Question 9Effective goals are those that are fairly easy to achieve because they keep the salesperson motivated.
Indicate whether the statement is true or false