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When a Sample Accurately Reflects the Important Characteristics of the Population

question 103

Short Answer

When a sample accurately reflects the important characteristics of the population from which it is drawn,it is said to be a(n)______________ sample.


Definitions:

Hiring Employee

The process of finding, selecting, and appointing suitable candidates for jobs within an organization.

Signing Bonus

A one-time payment offered by employers to incentivize a candidate to accept a job offer.

Marginal Revenue Product

The extra income produced by using an additional unit of a resource.

Product Demand

The desire and willingness of a consumer to purchase a specific quantity of a product at a given price.

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