The First Step in the Sampling Process Focuses on Determining

question 12

Multiple Choice

The first step in the sampling process focuses on determining ________.

• A)sample size given the research budget
• B)absolute required sample size
• C)if a sample or census should be used
• D)the amount of time required to contact the sample
• E)if a quota sample is needed

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Definitions:

Federal Reserve Bank

The central banking system of the United States, responsible for setting monetary policy.

Funds Availability

Funds availability is a banking term that refers to the length of time before a deposited check or electronic payment clears and becomes available for withdrawal or use.

UCC

The Uniform Commercial Code represents a detailed collection of statutes that regulate every commercial transaction across the United States.

Electronic Check Presentment

A process that allows financial institutions to exchange digital images of checks instead of physical checks for faster processing.