Select the Sample Most Representative of the Population of Interest

question 76

Multiple Choice

Select the sample most representative of the population of interest
-An employer wanted to determine the importance of health insurance as a benefit to employees. Which sample is likely to be unbiased by personal interest?

• A) A group of 30 employees from the company who had medical treatment in the past year
• B) A survey of 300 union members conducted by the union that represents workers at the company.
• C) A group of thirty potential employees at the state office of employment
• D) All of the groups in A, B, and C have potential bias.

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Definitions:

Note Payable

A written promissory note in which the borrower agrees to pay back a specified sum to the lender at a future date, with interest.

Unearned Fees

Income received by a business for services that have yet to be performed or delivered, considered a liability until the service is completed.

Unearned Revenue

Money received by a company for goods or services that have yet to be provided to the customer.

Accrued Wages

Salaries or wages that have been earned by employees but have not yet been paid by the company.