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The personnel manager of a corporation wants to estimate, for one year, the total number of days used for sick leave among all 116 plants in his firm. The 116 plants are divided into 30 "small" plants, 45 "medium" plants, and 41 "large" plants. He decides to randomly select 40 employees from each of the three size of plants. What kind of sampling does this illustrate?
Tax Treatment
Refers to the method or rules applied in determining how an item or situation is taxed, affecting the financial outcome.
Rental Income
Income received from renting out property, such as houses or apartments, which is subject to tax.
Gross Income
The total income from all sources before any deductions or taxes are applied.
Net Income
The total earnings of a person or company after all expenses and taxes have been subtracted from total revenue.
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