Which of the Following Types of Samples Can You Use

question 195

Multiple Choice

Which of the following types of samples can you use if you want to make valid statistical inferences from a sample to a population?

• A)A judgment sample
• B)A quota sample
• C)A convenience sample
• D)A probability sample

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Definitions:

Net Income

The total profit of a company after all revenues, cost of goods sold, operating expenses, and taxes have been subtracted.

Cash Payback Period

The expected period of time that will elapse between the date of a capital expenditure and the complete recovery in cash (or equivalent) of the amount invested.

Fixed Asset

A durable, physical asset that a company possesses and utilizes in its activities to produce revenue over an extended period.

Net Cash Flow

The difference between cash inflows and outflows within a specified period, indicating the company's liquidity.