The Basic Difference Between an Arbitrary and a Conventional Sample

question 31

Multiple Choice

The basic difference between an arbitrary and a conventional sample size determination is that:

• A)the conventional approach has no defensible logic,whereas the arbitrary approach appears to have faulty logic.
• B)the conventional approach doesn't appear to be logical,whereas the arbitrary approach has defensible logic.
• C)the arbitrary approach has no defensible logic,whereas the conventional approach is logical.
• D)the arbitrary approach has no defensible logic,whereas the conventional approach appears logical but is faulty.
• E)the arbitrary approach,though arbitrary,has sound logic,and the conventional approach has conventional support.

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Definitions:

Limited Liability Company

A corporate framework that merges the direct tax benefits of partnerships or sole proprietorships with the protective limited liability features of a corporation.

Member-Managed

A management structure for an LLC where all members participate in the decision-making processes directly.

Limited Liability Company

is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Sole Proprietorship

A business structure owned by a single individual, where the owner and the business are legally considered the same.