Probabilistic Sampling Is Any Method of Sampling in Which _____

question 26

Multiple Choice

Probabilistic sampling is any method of sampling in which _____.

• A) the probability of the occurrence of various events in the study are known
• B) there are only two possible outcomes, such as P(A) and P(A^c)
• C) the probability of each possible sample can be computed
• D) the probability of each possible sample is 1

---

Definitions:

Current Ratio

A liquidity ratio that measures a company’s ability to cover its short-term liabilities with its short-term assets.

Inventory Turnover

A ratio that measures how many times inventory is sold and replaced over a certain period, used to evaluate the efficiency of a company's inventory management.

Average Collection Period

The average number of days it takes for a company to receive payments owed by its customers.

Collection Policies

Guidelines established by a business to manage the collection of accounts receivable or debts owed to it.