When You Are Interrogating the External Validity of a Sample

question 36

Multiple Choice

When you are interrogating the external validity of a sample, which is the most important question to ask?

• A)How many people are in the sample?
• B)How was the sample collected?
• C)How were the participants measured?
• D)How many people are in the population?

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Definitions:

Functional Currency

The main form of money used in the chief economic setting where an organization functions, usually utilized in its financial statements.

Exchange Rates

The cost of converting one currency into another.

Functional Currency

The currency of the primary economic environment in which an entity operates, typically used in measuring and reporting its financial performance.