A Population Consists of 8 Items

question 25

Multiple Choice

A population consists of 8 items. The number of different simple random samples of size 3 (without replacement) that can be selected from this population is _____.

• A) 24
• B) 56
• C) 512
• D) 128

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Definitions:

Partnership

A business firm owned by two or more people.

Firm

A business organization or entity that buys and sells goods or services, often to make a profit.

Owners

Entities or individuals that possess legal rights and control over property, businesses, or assets.

Expected Rate

An anticipated return on investment, often based on historical data or forecast models, that investors use to make decisions.