Which of the Following Statements About Sample Size Is True

question 37

Multiple Choice

Which of the following statements about sample size is true?

• A)A rule of thumb is to include at least two members from every subgroup to be analyzed.
• B)If the sample size is very small, a judgmental sample may be more reliable and representative than a probability sample.
• C)The determination of sample size should not involve cost.
• D)Low sampling costs do not justify a larger sample.
• E)None of the above.

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Definitions:

Stealing

The act of taking someone else's property without permission or legal right.

Tax Evasion

represents illegal practices to avoid paying taxes, typically by underreporting income, inflating deductions, or hiding money in undisclosed locations.

Tax Laws

Legislation governing the collection of taxes by the government from individuals and businesses, dictating the rates, exemptions, and penalties.

White-collar Criminals

Individuals who commit crimes within the context of their professional occupations, often involving fraud or embezzlement.