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.

Know the distinction between debt financing and invested-capital financing.

Recognize the risks involved in IPOs and stock price manipulation.

Understand the flow of savings to investments in a modern economy.

Identify the characteristics and functionality of money market securities.

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Definitions:

Quantity Supplied

The amount of a certain good or service that producers are willing and able to sell at a specific price.

Individual Supply Curves

Graphical representations showing the relationship between the price of a good and the quantity of the good a seller is willing to supply, holding all else constant.

Market Supply Curve

A graphical representation showing the relationship between the price of a good and the total output of the industry.

Market Price

The going rate for an asset or service to be acquired or disposed of in the marketplace.