Three Techniques That Are Typically Used in Classical Variables Sampling

question 147

Multiple Choice

Three techniques that are typically used in classical variables sampling are _______.

• A)mean-per-unit
• B)difference
• C)ratio
• D)All of these answer choices are correct.

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Definitions:

Expressly Bind

To explicitly or distinctly commit or obligate oneself or an entity to an agreement or course of action.

Unidentified Principal

Refers to a situation in agency law where an agent acts on behalf of a principal, but the identity of the principal is not disclosed to the third party.

Actual Authority

The express or implied power granted by a principal to its agent, allowing the agent to perform acts on the principal's behalf, which legally binds the principal with third parties.

Apparent Authority

The appearance or assumption of authority based on the actions, words, or deeds of the principal or because of circumstances the principal created.