Which of the Following Yields a Systematic Sample

question 82

Multiple Choice

Which of the following yields a systematic sample?

• A) All students in a class are divided into groups of 15. One student is randomly chosen from the first group, the remaining observations are every 15th student thereafter.
• B) The best 15 students, according to the opinion of the instructor, in a class are selected.
• C) All students in a class are grouped according to their gender. A random sample of 8 is selected from the males and a separate random sample of 7 is drawn from the females.
• D) A random sample of 15 students is selected from a class without replacement.

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Definitions:

Gross or Net Basis

A method used in accounting to determine whether all revenues and costs or only the net difference is recorded.

SEC

The U.S. Securities and Exchange Commission, which is responsible for enforcing federal securities laws and regulating the securities industry, stock and options exchanges.

Revenue Recognition Irregularities

Deviations or non-compliance from standard accounting practices in acknowledging revenue, which can lead to misstated financial reports.

Negative Earnings

A financial situation where a company's expenses exceed its revenues, leading to a net loss in its income statement.