A Stratified Random Sample Should Be Used When

question 2

Multiple Choice

A stratified random sample should be used when

• A) the population has identifiable subgroups that are of interest to the researcher
• B) the sample constitutes the population.
• C) the population is very small
• D) there is no way of estimating the probability that a particular subgroup will be included in the sample

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Definitions:

Earnings Per Share

A measure of a company's profitability, calculated as net income divided by the number of outstanding shares.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period, highlighting operating performance.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenues.

Operating Activities

The section of the cash flow statement that reports the cash generated or used through the normal operations of a business, including receipts from sales of goods and services.