Since a ________ Is Not a Randomly Selected Probability Sample

question 41

Multiple Choice

Since a ________ is not a randomly selected probability sample, there is no way to know how well it represents the overall population.

• A) simple random sample
• B) convenience sample
• C) stratified sample
• D) cluster sample

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Definitions:

Portfolio

A compilation of investment vehicles including stocks, bonds, commodities, along with cash and near-cash items, which encompasses mutual funds and ETFs.

Standard Deviation

A statistic that measures the dispersion or variability of a dataset relative to its mean, used to quantify the amount of variation or dispersion.

Portfolio

An assortment of financial assets comprising stocks, bonds, commodities, cash, and equivalents such as mutual funds and exchange-traded funds (ETFs).

Security B

A distinct category of financial assets that can include stocks, bonds, options, and futures, offering various investment and risk profiles.