Use the Venn Diagram to Identify the Population and the Sample

question 1

Multiple Choice

Use the Venn diagram to identify the population and the sample.
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• A)Population: Magazine subscribers; Sample; Magazine subscribers who renew their subscription
• B)Population: Magazine subscribers who renew their subscription; Sample: Magazine subscribers

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Definitions:

Unlimited Liability

A legal status where business owners are personally responsible for all the debts and liabilities of the business.

Sole Proprietors

Individuals who own and operate their businesses alone, assuming complete control and responsibility for all financial aspects.

Government Regulations

Rules established by government agencies to control the behavior of individuals, businesses, and other entities within their jurisdiction.

Employment Contract

A legal agreement between an employer and an employee that outlines the terms of employment, including duties, duration, and compensation.