Why Is the Size of a Sample Not as Important

question 46

Essay

Why is the size of a sample not as important to external validity as the way a sample was collected?

---

Definitions:

Accountant

A professional who performs accounting functions such as audits or financial statement analysis.

Not-for-profit Accountant

A finance professional specializing in managing the finances of organizations that do not seek to make a profit.

Financial Transactions

The process of exchanging one asset for another, typically involving the transfer of money between parties in the business or financial context.

Financial Statements

Official records that outline the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.