The Process of Random Sampling Guarantees That the Sample Selected

question 41

Short Answer

The process of random sampling guarantees that the sample selected will be representative of the population. Is this statement true? Discuss.

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Definitions:

Agency Relationship

A legal relationship in which one party, the agent, is authorized to act on behalf of another party, the principal, in conducting business transactions.

Independent Contractor

One who contracts to do a job and who retains complete control over the methods employed to obtain completion.

Durable Power

A legal document that grants someone the authority to act on another's behalf in legal or financial matters, continuing in effect even if the grantor becomes incapacitated.