In Reference to Sampling Error, Which of the Following Statements

question 21

Multiple Choice

In reference to sampling error, which of the following statements is valid?​

• A) ​The smaller the sample, the less sampling error.
• B) ​Sampling error is an inverse function of sample size.
• C) ​Inferential statistics are addressed to sampling and non-sampling errors.
• D) ​Random assignment ensures no sampling error.

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Definitions:

Trade Discounts

Discounts on the list retail price offered to channel members.

Cash Discounts

are reductions in price offered to buyers as an incentive for early payment of their bills, used to improve cash flow.

No-Doubt Security Products

Security products or solutions that offer undeniable protection and reliability, leaving no room for uncertainty or risk.

2/10 Net 30

A common payment term indicating that a buyer can take a 2% discount on the invoice price if payment is made within 10 days; otherwise, the net (full) amount is due within 30 days.