All of the Following Are Reasons Why Random Sampling Is

question 60

Multiple Choice

All of the following are reasons why random sampling is important for statistical applications except ________.

• A)the outcomes are more readily understood and therefore really usable
• B)solving using mathematics alone may be very difficult if not impossible
• C)the outcome variables are complicated functions of several input random variables
• D)sampling experiments can be used to better understand important statistics theories

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Definitions:

Currency Depreciate

A decrease in the value of a currency relative to other currencies in the foreign exchange market.

Currency Appreciate

The increase in the value of one currency relative to another in the exchange rate markets.

Fixed Exchange Rate

Rate of exchange between currencies pegged within a narrow range and maintained by the central bank’s ongoing purchases and sales of currencies.

Central Banks

National financial institutions that provide financial and banking services for a country's government and commercial banking system, as well as implementing the government's monetary policy and issuing currency.