What Is a Simple Random Sample

question 9

Multiple Choice

What is a simple random sample?

• A) a sample with only one variable
• B) a sample that takes into account other demographic variables
• C) a sample that weights one variable more than another
• D) a sample that provides the same chance of being included to every member of the population

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Definitions:

Business Idea

A concept that can be used for commercial purposes, typically identifying a product, service, or opportunity that can generate profit.

Full Funding

Ensuring that all necessary or projected funds are available for a program or project.

Leverage

The use of borrowed capital or debt to increase the potential return of an investment.

Potential Returns

The expected financial gains or profits that may be realized from an investment or business venture.