(I the Type of Sampling When a Population Is fiRst

question 2

Multiple Choice

(i. The type of sampling when a population is first divided into subgroups and then a sample is
Selected from each subgroup is called stratified random sampling.
(ii. Auditors may select every 20th file starting with say, the 5th file in the top drawer. Then file
Numbers 25, 45, 65, 85,... are audited. This type of sampling is called systematic sampling.
(iii) The mean of a population is called a parameter.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the company's balance sheet.

Balance Sheet

A financial statement that provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and equity.

Stock Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at an agreed-upon price within a certain period.

Stockholder Rights

The privileges and protections provided to shareholders of a company, including voting rights, dividends, and information access.