Which of the Following Statements Best Defines a Random Sample

question 29

Multiple Choice

Which of the following statements best defines a random sample?

• A) A poll in which there is no way to ensure that the opinions expressed are representative of the larger population
• B) In the context of opinion polling, a group of people selected to represent the population being studied
• C) An atypical subgroup of the population
• D) In the context of opinion polling, a sample in which each person within the entire population being polled has an equal chance of being chosen
• E) A campaign tactic used to feed false or misleading information to potential voters, under the guise of taking an opinion poll

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Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, with holders typically having voting rights.

Market Price

The current market price for the acquisition or disposal of a service or asset.

Average Sale Period

The average time it takes for a company to sell its inventory, a critical measure for assessing the efficiency of inventory management.

Balance Sheet

A financial statement that summarizes a company’s assets, liabilities, and shareholders' equity at a specific point in time.