In Probability Sampling, All Members of a Population Have a Known

question 49

True/False

In probability sampling, all members of a population have a known probability of being included in the sample.

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Definitions:

Government

The government refers to the system or group of people governing an organized community, often a state, setting and enforcing laws and policies.

Benefits

The advantages or profits gained from something, including financial, health, or well-being improvements.

Production

The process of creating goods and services through the combination of labor, materials, and technology.

Optimal Quantity

The quantity of a good or service at which the total cost is minimized and the total revenue is maximized.