A Sample in Which Every Possible Combination of Items in the Population

question 100

Multiple Choice

A sample in which every possible combination of items in the population has an equal chance of constituting the sample is a:

• A) statistical sample.
• B) random sample.
• C) representative sample.
• D) judgement sample.

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Definitions:

Periodic Payments

Regular payments made over a specified period, such as those for leases, loans, or installment purchases.

Operating Line of Credit

A type of financing arrangement providing a business with the ability to borrow money up to a certain limit for operational purposes.

Negative Cash Balance

A situation where a company or individual's cash account balance drops below zero, indicating that the account is overdrawn.