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In stratified sampling,the population is separated into different subgroups,and then samples are taken from all of the subgroups.
Net 30 Credit Policy
A payment term that allows a buyer 30 days to pay the invoice in full from the invoice date.
Monthly Interest Rate
The interest rate charged on a loan or realized on an investment over a one-month period.
Discounted Price
A reduced price from the original price, often applied during sales or due to promotions.
Credit Terms
The conditions under which credit is extended by a lender to a borrower, including repayment timing, interest rate, and other stipulations.
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