If the Population Is Believed to Have a Skewed Distribution

question 53

Multiple Choice

If the population is believed to have a skewed distribution for one of more of its distinguishing factors,which of the following should be used?

• A)simple random
• B)systematic
• C)cluster
• D)stratified
• E)convenient skip

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Definitions:

Unincorporated

Refers to a business or organization that hasn't been legally established as a corporate entity, and thus, its owners bear personal liability for its debts and actions.

Net Profits

The amount of money left after all operating expenses, taxes, interest, and preferred stock dividends have been deducted from total revenue.

Dress Boutique

A specialty retail store that focuses on selling dresses and often offers a variety of styles from casual to formal wear.

Share the Loss

A principle or agreement among parties to divide financial losses incurred from a venture, investment, or project among themselves.