The Purpose of Random Sampling Is to Obtain a Sample

question 2

Multiple Choice

The purpose of random sampling is to obtain a sample that is

• A)large enough to be valid
• B)representative of the population
• C)smaller than the population
• D)significantly different from the population

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Definitions:

Average Tax Rate

The ratio of the total amount of taxes paid to the total tax base (taxable income or expenditure), revealing the percentage of income paid in taxes.

Tax Liability

The total amount of tax owed to the government by an individual, corporation, or other entity in a given tax period.

Taxable Income

The amount of income that is used to calculate an individual or a corporation's income tax due, after all deductions and exemptions.

Federal Unemployment Compensation

Financial assistance provided by the federal government to individuals who have lost their jobs.