The Sample Size Determines

question 34

Multiple Choice

The sample size determines:

• A)how accurate the sample results will be
• B)how representative the sample is
• C)how much the sample will cost
• D)which firm will be used to actually draw the sample from the population
• E)if there is an adequate number to represent the entire population.

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Definitions:

Rate of Sales Growth

The increase in sales over a specific period of time, typically measured as a percentage.

Per Month

A term indicating a frequency or rate that applies to each month.

Each Quarter

A period of three months used in financial and business reporting.

Per Month

A term indicating the occurrence or measurement of something on a monthly basis.