A Method of Selecting a Sample by Randomly Selecting the First

question 20

Multiple Choice

A method of selecting a sample by randomly selecting the first element and then selecting every K^th element thereafter is _____ sampling.

• A) area
• B) stratified
• C) systematic
• D) stratified simple random

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Definitions:

Postpone Taxes

A financial strategy that seeks to delay the payment of income taxes on earnings through various tax-advantaged accounts or investments.

401k Plans

Retirement savings plans sponsored by employers that allow employees to save and invest a piece of their paycheck before taxes are taken out.

403b Plans

Tax-deferred retirement savings plan available for public education organizations, some non-profit employers, and self-employed ministers.

Tax Penalty

An additional charge imposed by the tax authority on a taxpayer for not meeting tax obligations or for errors in a tax return.