The Defining Feature of a Probability Sample Is the Use

question 9

Multiple Choice

The defining feature of a probability sample is the use of __________, allowing equal chance of representation from the total population to be included in the sample.

• A) Randomization
• B) Subpopulation
• C) Volunteers
• D) Telephone directories

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Definitions:

Close Corporations

A designation for corporations with a limited number of shareholders and operations that are more informally managed, often without a board of directors.

MBCA

stands for the Model Business Corporation Act, a model set of laws prepared to assist states in drafting their own corporation statutes.

Preincorporation Services

Services performed or actions taken in the name of a corporation prior to its legal formation.

Gratuitous Promise

A promise made without expecting anything in return, often not legally enforceable due to the lack of consideration.