A Sampling Technique in Which Every Element in the Population

question 5

Multiple Choice

A sampling technique in which every element in the population has an equal chance of being selected is called:

• A)additive sampling.
• B)sequential sampling.
• C)100 percent testing.
• D)random sampling.
• E)cumulative sampling.

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Definitions:

Gross Income

The total income earned before any deductions or taxes are applied.

Standard Deduction

The fixed amount the IRS allows taxpayers to subtract from their taxable income if they do not itemize deductions, differing by filing status.

Exemption

A provision that reduces or eliminates a taxpayer's obligation to pay tax, typically based on certain conditions or qualifications.

Tax Bill

A statement from a government authority specifying the amount of tax owed by an individual or entity.