When Everyone in the Target Population Had an Equal Likelihood

question 116

Multiple Choice

When everyone in the target population had an equal likelihood of being selected to take part in a survey, the researcher has selected a:

• A)biased sample
• B)random population
• C)nonrepresentative sample
• D)random sample

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Definitions:

Certificates of Deposit

Time-bound deposit accounts offered by banks that pay interest and have a fixed maturity date.

Money Market Funds

Investment funds that invest in short-term debt securities, providing investors with high liquidity and minimal risk.

Remittance Advice

A document sent by a customer to a business, indicating that an invoice has been paid, often accompanying the payment.

Payment by Check

A method of making payments using a check, which is a written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer.