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AP Business with Personal Finance: Market Research (Drill 10)

Drill 10 ยท

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About This Drill

AP Business with Personal Finance: Market Research (Drill 10) is a practice drill. It contains 5 original questions created by Brian Stewart, a Barron's test prep author with over 20 years of tutoring experience.

This drill covers market research, survey design, and bias detection; it uses an invented company and original figures.

Passage

Lantern Tabletop, a small board-game studio, wants to find out whether people would buy a new cooperative mystery game before it commits to production. It runs a short survey asking 300 people, "How likely are you to buy a new cooperative mystery game in the next year?" The results are below. The studio is also reviewing the wording of its survey questions to make sure the data it gathers is not slanted.

Survey results (300 respondents)

ResponseCountPercent
Very likely12040%
Somewhat likely9030%
Unlikely6020%
Not sure3010%

Questions in This Drill

  1. Which response did the largest number of people choose?
  2. The 300 people who answered Lantern Tabletop's survey are best described as its what?
  3. What percentage of respondents said they were either "Very likely" or "Somewhat likely" to buy?
  4. Lantern Tabletop wants to revise this draft survey question: "Wouldn't you agree that our exciting new mystery game is worth buying?" What is the main problem with the draft?
  5. Lantern Tabletop wants the survey question that gathers the least biased, most useful data from potential customers. Which wording is best?