Identify the Type of Sampling Used

question 112

Multiple Choice

Identify the type of sampling used.
-At a local technical school, five auto repair classes are randomly selected and all of the students from each classare interviewed. What sampling technique is used?

• A) cluster
• B) simple random
• C) convenience
• D) systematic
• E) stratified

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Definitions:

Asset Account

An account on a company's balance sheet that represents a resource with economic value owned or controlled as a result of past transactions.

Liability Account

A Liability Account represents a company's financial obligations or debts that arise during the course of business operations.

Fair Market Value

The estimated price at which an asset would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell.

Investments

Assets purchased with the aim of generating income or appreciating in value over time, such as stocks, bonds, or real estate.