All of the Following Methods of Sampling Require a Complete

question 9

Multiple Choice

All of the following methods of sampling require a complete and accurate list of the elements of the population except

• A) simple random sampling
• B) stratified sampling
• C) systematic sampling
• D) area sampling

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Definitions:

Insurance Law

The body of law governing the business of insurance, including the regulation of policies, claims, and the contractual obligations of parties.

Insurable Interest

A real and substantial interest in specific property or in someone’s life.

Insured-against Event

A specific occurrence or risk covered under an insurance policy, for which the insurer agrees to compensate the insured party if it happens.

Professional Malpractice

Negligence or incompetence on the part of a professional, such as a doctor or lawyer, that results in harm to a client or patient.