The Best Way to Ensure That a Sample Is Representative

question 57

Multiple Choice

The best way to ensure that a sample is representative of the population is to

• A) make sure it is large enough.
• B) select it oneself based on a review of potential sample members.
• C) select it randomly.
• D) select people who follow directions well.

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Definitions:

Acquisition

The process by which one company takes over another, either through the purchase of its shares or assets.

Market Share

The portion of a market controlled by a particular company or product.

Vertical Mergers

A type of merger between companies that operate at different stages within the same industry's supply chain.

Market Entry

The strategy or process employed by a company to start selling goods or services in a new market.