In Order for the Characteristics of a Sample to Be

question 18

Multiple Choice

In order for the characteristics of a sample to be generalized to the entire population,the sample should be _____ the population.

• A)symbolic of
• B)opposite of
• C)representative of
• D)different from

---

Definitions:

Future Value

The worth of an investment or cash flow at a specified future date, based on an assumed rate of growth over time.

Opportunity Cost

Opportunity cost refers to the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.

Resource

In finance, a resource refers to any financial asset or input that can contribute to a firm's ability to create goods, services, or further financial gains.

Annuity

A financial instrument that provides a consistent series of payments to a person, often employed as a component of a retirement plan.