Two Sampling Situations Raise Special Considerations-Sampling from Small Populations and Sample

question 87

Essay

Two sampling situations raise special considerations-sampling from small populations and sample size when using a nonprobability sampling method.Describe each of these two situations and the way these sampling situations are best approached.

---

Definitions:

Return

The profit or loss derived from an investment or business operation after all expenses are accounted for.

Investor

An individual or institution that allocates capital with the expectation of receiving financial returns, involving various forms of assets.

Stockholders' Claim

The rights of shareholders to a company's assets, typically after debts have been paid.

Net Income

Net Income is the total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.