Which of the Following Statements Is FALSE

question 30

Multiple Choice

Which of the following statements is FALSE?

• A)If all the members of a population were identical there would be no need for sampling.
• B)In cases of perfect homogeneity a single case could represent an entire population.
• C)In cases of perfect heterogeneity a single case could represent an entire population.
• D)Because elements within the population differ, we need to do careful sampling.
• E)A truly representative sample will accurately reflect an entire population.

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Definitions:

Imports

Goods and services bought from foreign countries for domestic consumption or use.

Rate of Inflation

The measurement of how rapidly the general price level of goods and services escalates, which in turn, reduces the purchasing strength.

Unemployment Rate

The ratio of individuals in the labor force who are without a job and actively seeking employment.

Labor Force

The total number of people employed or actively seeking employment in a country or specific area.