A Sample Is Representative When It ​

question 47

Multiple Choice

A sample is representative when it ​

• A) ​includes a large number of people.
• B) ​asks respondents to do something (i.e., mail the survey) in addition to taking the survey.
• C) ​includes the entire population.
• D) ​mirrors a population.

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Definitions:

Credit Sales

Sales made by a business on credit, allowing customers to pay at a later date.

Receivables

Money owed to a company by its customers for goods or services that have been delivered or sold but not yet paid for.

Collection Procedures

Established methods used by businesses to follow up on and collect unpaid debts from customers.

Accounts Receivable

Amounts owed to a company by its customers for goods or services that have been delivered but not yet paid for.