Which of the Following Statements Is True About Probability Samples?​

question 4

Multiple Choice

Which of the following statements is true about probability samples?​

• A) ​They avoid conscious and unconscious sampling bias.
• B) They do NOT permit the estimation of the accuracy or representativeness of the sample.​
• C) They are perfectly representative of the population from which they are drawn.​
• D) They are more risky than non-probability samples.​
• E) ​a and b only are correct.

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Definitions:

Asset Account

An account that records the value of assets owned by an individual or organization, including cash, equipment, and inventory.

Capital

Financial assets or the financial value of assets, such as cash and goods, used by a business to generate wealth through investment or production.

Services for Cash

Transactions in which services are provided with immediate payment in cash, not involving credit terms.

Liability

An obligation of a company or an individual arising from past transactions or events, leading to a future outflow of assets.