Sampling Is Used Because

question 58

Multiple Choice

Sampling is used because:

• A) it may not possible to collect information from the entire population
• B) it is necessary to collect information from the entire population
• C) samples are useful tools only in experimental designs
• D) it is easier and you can guess if your data reflects the larger population

Learn about the inequities in compensation and performance feedback based on gender.

Know the benefits of matching employee diversity to customer diversity in retail settings.

Understand the effects of discrimination on employee health and job outcomes.

Recognize practices that contribute to workplace diversity and the barriers to valuing it.

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Definitions:

Public Good

A public good is a commodity or service that is made available to all members of a society, typically by the government, and is characterized by non-excludability and non-rivalry in consumption.

Nontaxpayers

Individuals or entities that do not contribute to tax revenues, either because of low income, exemptions, or evasion.

Economic Incentive

A financial or non-financial reward used to motivate individuals or entities to pursue particular actions that align with economic goals or policies.

Cost-benefit Analysis

A methodical strategy for evaluating the advantages and disadvantages of different options to identify the most effective method to realize benefits while ensuring cost savings.