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:

Accounting Income

The income of a company as calculated under accounting rules, which may differ from taxable income due to differences in accounting and tax regulations.

Average Rate of Return

A measure of the profitability of an investment, calculated as the average annual profit of the investment divided by the initial cost.

Automatic Insertion Machine

A machine used in manufacturing for automatically placing components onto printed circuit boards.

Average Investment

An approach for calculating the mean amount invested over a particular period, considering both the initial and final investment levels.