A survey asked 615 small businesses about their cash flow over the next 12 month

Question

A survey asked 615 small businesses about their cash flow over the next 12 months. 15% responded "Very Good," 37% "Somewhat good," 22% "Neither good nor poor," 20% "Somewhat poor," and 4% "Very poor." Complete parts a through d below. What do you notice about the percentages listed? How could this be? The sum of the percentages is greater than 100%, indicating that the survey of the small businesses was biased. The sum of the percentages is 100%, indicating that the survey of the small businesses was biased. The sum of the percentages is less than 100%, indicating that at least some of the small businesses did not respond to the survey. The sum of the percentages is 100%, indicating that all of the small businesses responded to the survey.

Explanation / Answer

Very good 15%
Somewhat good 37%
Neither good nor poor 22%
somewhat poor 20%
Very Poor = 4%

Total = 15+37+22+20+4= 98%

Optoin C

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