When Each Element of a Population Has an Equal Chance

question 52

Short Answer

When each element of a population has an equal chance of selection to the sample this process is known as___________________ selection.

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Definitions:

Discounted Cash Flow

A valuation method used to estimate the value of an investment based on its expected future cash flows, adjusted for the time value of money.

Projected Cash Flows

Estimates of the amount of money expected to move in and out of a business over a specified period in the future.

Capital Rationing

The process of selecting the most profitable projects to invest in when capital is limited.

Sales Volume

The quantity of goods or services sold or delivered in a given period.