Simple Random Sampling Is an Appealing Method Because

question 10

Multiple Choice

Simple random sampling is an appealing method because:

• A)it meets the requirements to obtain a probability sample.
• B)it can be used to derive unbiased estimates of population characteristics.
• C)it guarantees every population member has an equal chance of being selected.
• D)it results in a valid representation of the population.
• E)all of the above

---

Definitions:

Risk Profile

A summary outlining the types of threats an organization, asset, project, or individual faces, evaluated in terms of likelihood and impact.

Firm Value

The total worth of a company, determined by its assets, earnings, and market perception, influencing shareholder wealth.

Price of Corn

The monetary value at which corn can be bought or sold in the market.

Financial Risk Management

The practice of protecting economic value in a firm by using financial instruments to manage exposure to risk.