Examlex
The ratio that indicates the percentage of each sales dollar available to cover the fixed costs and to provide operating income is termed the contribution margin ratio.
Convenience Sample
A sampling technique where participants are selected based on their accessibility and proximity to the researcher.
Convenience Sample
A non-random sample selected because of its accessibility and ease of inclusion in the study, not representing the whole population accurately.
Judgment Sample
A sampling technique where the samples are selected based on the judgment of the researcher, rather than random selection.
Random Sample
A subset of a statistical population in which each member has an equal chance of being chosen, used to make inferences about the whole population.
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