If a Population Is Very Large, It May Be Better

question 69

True/False

If a population is very large, it may be better to select a sample from the population than to try to obtain a census in an effort to reduce measurement error.

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Definitions:

Technical Rules

Specific guidelines or procedures established in a field or profession to ensure accuracy, consistency, and standardization.

Good Faith

Acting with honest intent without seeking to take unfair advantage over another party.

UCC

The Uniform Commercial Code, a standardized set of laws and regulations for conducting business and commercial transactions in the United States.

Sale of Goods

A commercial transaction where tangible personal property is transferred from a seller to a buyer for a price.