One Limitation of Random Sampling Is That If the Population

question 33

True/False

One limitation of random sampling is that if the population is extremely large,
numbering and selecting sample elements could be costly and time consuming.

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders; it has rights, privileges, and liabilities independent of those of its members.

Owners

Individuals or entities that legally possess, control, and derive benefits from property or a business.

Shareholders

Individuals or entities that own shares in a corporation, giving them partial ownership and possibly the right to vote on corporate matters.

Daily Management

The ongoing coordination and oversight of a business or organization's operations and activities on a day-to-day basis to ensure efficiency and effectiveness.