A Sample Is Always a Good Representation of the Target

question 147

True/False

A sample is always a good representation of the target population.

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Definitions:

Implied Warranty

A legal concept that assumes a product will meet certain standards of quality and reliability without being explicitly stated.

Physical Nature

The intrinsic physical characteristics and properties of an object or person.

Specific Performance

A legal remedy in which a court orders the party at fault to fulfill their obligations under a contract, rather than providing monetary compensation.

Substitute Goods

Products or services that can be used in place of each other; availability of one affects the demand for another.