The Chief Purpose of Probability Sampling Is to Be Able

question 48

Multiple Choice

The chief purpose of probability sampling is to be able to select

• A)simple random samples.
• B)a sample whose statistics will accurately portray an unknown population parameter.
• C)a sample whose parameters will accurately portray an unknown population statistic.
• D)a sample whose statistics will accurately portray a known population parameter.
• E)a sample whose unknown statistics will accurately portray a known parameter.

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Definitions:

Karl Marx

A philosopher, economist, and revolutionary socialist, Marx developed the theory of Marxism, focusing on the struggles between the proletariat and the bourgeoisie.

Class

A system of categorizing people based on their economic position, often determined by factors such as wealth, occupation, and social status.

Capitalism

An economic system based on the private ownership of the means of production and the creation of goods or services for profit.

Life Chances

A social science concept that refers to the opportunities each individual has to improve their quality of life, often influenced by social and economic factors.