A Sample Is Random If _________

question 54

Multiple Choice

A sample is random if _________.

• A) each possible sample of a given size has an equal chance of being selected
• B) all members of the population have an equal chance of being selected into the sample
• C) all members of the sample have an equal chance of being selected
• D) a, or a and b
• E) a and c

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Definitions:

Redistribution of Wealth

A process or policy aimed at adjusting the distribution of wealth within a society, usually by transferring wealth from the richer to the poorer segments.

Consideration

Something of value exchanged between parties as part of a contract.

Adequacy of Consideration

A legal concept referring to the fairness of the value exchanged in a contract, ensuring each party receives something of comparable worth.

Rare Coins

Unique and uncommon coins that are sought after by collectors due to their historical, numismatic, or investment value.