A Survey About Pet Ownership Used a Sample Derived from People

question 129

Multiple Choice

A survey about pet ownership used a sample derived from people who visit a Web site and register.This sample would lack ________ because not everyone has Internet access.

• A)flexibility
• B)validity
• C)responsiveness
• D)reliability
• E)representativeness

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Definitions:

Compensating Balances

Compensating balances are minimum account balances that a company agrees to maintain in a bank account as part of a borrowing arrangement to offset bank service charges or qualify for better loan terms.

Cash Discount

A reduction in the invoice price offered by sellers to buyers for prompt payment of their bill, aimed at encouraging early payment.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for financing inventory and accounts receivable.

Coupon Payments

Periodic interest payments made by a bond issuer to its bondholders, usually on an annual or semi-annual basis.