Examlex
A school district administrator sent a survey to all teachers in the district. Only 30% of the teachers responded to the survey. Which of the following is true?
I. The people that did not responded are likely to be similar to those that did so he should use them as the sample.
II. This survey design suffered from non-response bias.
III. Because he sent the survey to everyone, this is a census and the results can be applied to the
Whole population.
Straight-Line Method
A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.
Freight Charges
Fees paid for the transportation of goods from one place to another, typically charged by shipping companies.
Residual Value
The estimated amount that an asset will be worth at the end of its useful life, after deducting any expected costs of disposal.
Straight-Line Method
A method of calculating depreciation by evenly spreading the cost of an asset over its expected useful life.
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