Identify the Type of Sample Obtained by Selecting a Preexisting

question 52

Multiple Choice

Identify the type of sample obtained by selecting a preexisting or natural group and using the members in the group as the sample.

• A) systematic sample
• B) cluster sample
• C) stratified sample
• D) biased sample

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Definitions:

Unrealized Gain

Profit that has been achieved on paper due to an increase in the value of an investment but has not yet been realized through a sale.

Trading Investment

A trading investment refers to securities bought and held primarily for selling them in the near term with the aim of profiting from short-term price fluctuations.

Realized Gain

A profit that results from selling an asset at a higher price than its purchase cost, officially recognized when the asset is sold.

Fair Value

The estimated price at which an asset could be bought or sold in a current transaction between willing parties, other than in a liquidation.