Ethical Business Practices Create Positive Impact on Profitable Business Operations

question 20

True/False

Ethical business practices create positive impact on profitable business operations.

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Definitions:

Simple Random Sampling

Simple random sampling is a statistical method where every member of a population has an equal chance of being selected to form a sample, ensuring unbiased representation.

Stratified Random Sampling

A sampling method that involves dividing a population into subgroups and randomly selecting samples from each group, ensuring representation.

Sampling Techniques

Methods used in statistics to select individual observations intended to yield some knowledge about a population of concern.

Primary Research

The collection of original data through direct methods such as surveys, interviews, experiments, or observation, as part of a research study.