?????????????????????? Is the Sampling Procedure Which Does Not Afford Tiny

question 16

Multiple Choice

?????????????????????? is the sampling procedure which does not afford tiny basis for estimating the probability for each item to be included in the sample.

• A)Probability sampling
• B)Non -probability sampling
• C)Census method
• D)none of these.

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Definitions:

Annual Rate

The interest rate for a period of one year, often used to compare the annual interest between different investments or loans.

Equal Annual Amounts

A term generally used in loan repayments or amortization schedules where payments are made in consistent amounts over the term of the loan.

Compounded Annually

A method of calculating interest where the calculated interest is added to the principal at the end of each year, subsequently affecting the calculation for the following year.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.