One of the Reasons Systematic Sampling Is Faster Than Simple

question 51

Multiple Choice

One of the reasons systematic sampling is faster than simple random sampling is that the population size:

• A)needs to be counted and numbered.
• B)does not need to be known.
• C)may be estimated and each element not numbered.
• D)cannot be known.
• E)It is not faster than simple random sampling.

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Definitions:

Cash Flow Method

An accounting technique that tracks the movement of cash in and out of a business, crucial for understanding its liquidity.

Statement of Owners' Equity

A financial document detailing the changes in ownership interest, including investments and withdrawals, over a period.

Public Company Accounting Oversight Board

A regulatory body established by Congress to oversee the audits of public companies, with the aim of protecting investors and the public interest by ensuring informative, accurate, and independent audit reports.