Which of the Following Is a Procedure in Which a Select

question 16

Multiple Choice

Which of the following is a procedure in which a select subunit of the population is studied in order to analyze the entire population?

• A)Sampling
• B)Sampling frame
• C)Standard cluster
• D)Composite cluster

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Definitions:

Insurance Coverage

A contract in which an individual or entity receives financial protection or reimbursement against losses from an insurance company.

Electronic Fund Transfer Act

A law that protects consumers when they transfer funds electronically, including ATM transfers, direct deposits, and debit card transactions.

Transactions

Refers to the act of buying, selling, or exchanging goods, services, or financial assets.

Depositary Bank

The first bank to which an item is transferred for collection; the depositary bank may also be the payor bank.