Professor Smidlapp Mailed a Questionnaire to Students on the Issue

question 18

Multiple Choice

Professor Smidlapp mailed a questionnaire to students on the issue of academic dishonesty. Smidlapp planned to use inferential statistics in the analyses and was concerned about the response rate. You tell Smidlapp that technically the use of inferential statistics assumes that:

• A)all members of the population complete and return the questionnaire.
• B)all members of the initial sample complete and return the questionnaire.
• C)at least 50% of the members of the initial sample complete and return the questionnaire.
• D)at least 50% of the population complete and return the questionnaire.
• E)the overall response rate exceeds 75%.

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Definitions:

FVTPL

Fair Value Through Profit or Loss, a classification under IFRS for financial instruments measured at their fair value with changes recognized in the profit or loss.

Significant Influence

The power to participate in the financial and operating policy decisions of another entity without controlling it.

Investment Account

An account held at a financial institution that contains securities, cash, and other assets that an individual or entity invests in.

Purchase Price Discrepancy

Differences between the provisional purchase price initially recorded at the time of acquisition and the final purchase price determined after valuation adjustments.