Which of the Following Is Not a Type of Statistical

question 103

Multiple Choice

Which of the following is not a type of statistical method that provides results in dollar terms?

• A)Variables sampling.
• B)Attributes sampling.
• C)Monetary unit sampling.
• D)Probability proportional to size sampling.

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Definitions:

Profit/Value

The financial gain, often the difference between the selling price and the cost of goods sold or the worth that is generated from an activity or investment.

Modernize Baths

Initiatives or processes aimed at updating and enhancing the efficiency and features of bathroom facilities.

Annual Profit

The total revenue of a business minus total expenses over the course of a year, indicating the financial performance and health of the business.

Demand Patterns

Observable trends or behaviors in customer demand over time, influencing inventory management and production planning.