Odette has two investments that she purchased at the same time. Investment 1 cost $10,000 and earns 4% interest each year. Investment 2 cost $8000 and earns 6% interest each year. Instead of calculating 4% interest for one year, suppose the interest for Investment 1 was calculated every day at a rate of (4/365)%. This is called daily compounding. Would Odette earn more, the same, or less using this daily method for one year? Provide an example to show your thinking.

Apsychology student wishes to investigate differences in political opinions between business majors and political science majors at her college. she randomly selects 100 students from the 260 business majors and 100 students from the 180 political science majors. does this sampling plan result in a simple random sample? why or why not? no, because each group of 200 students in the sample does not have the same chance of being selected. yes, because each group of 200 students in the sample has the same chance of being selected. no, because each individual student does not have an equal chance of being selected. yes, because each individual student has the same chance of being selected.