Which of the Following Is True About a Nonprobability Sample

question 82

Multiple Choice

Which of the following is true about a nonprobability sample?

• A) The hierarchical sampling method is used to select people who appear most willing to participate.
• B) Representativeness is the key determinant of who participates.
• C) A researcher uses personal judgment to select participants.
• D) Every member of the population is included in the sample.
• E) Each member of the population has some chance of being included in the sample.

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Definitions:

Compound Annual Rate

The rate of return that would be required for an investment to grow from its beginning balance to its ending one with the compounding effect considered over a period of one year.

Compound Annual Returns

Measures the geometric average amount of money earned over a specified time period per year, taking into account the effect of compounding.

Equity Mutual Fund

A type of mutual fund that primarily invests in stocks, seeking to offer returns based on the performance of these equities.

Diversified Equity

An investment strategy that involves spreading investments among various stocks to reduce risk.