Explain the Process of Collecting Data Using a Census and a Sample

question 26

Essay

Explain the process of collecting data using a census and a sample.

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Definitions:

Cash Equivalents

Investments that are liquid and short-term, easily turned into a specific amount of cash, with their initial durations being three months or shorter.

Equity Securities

Financial instruments representing ownership interest in a company, such as stocks.

Long-Term Investments

Assets that a company intends to hold for more than a year, such as stocks, bonds, real estate, and investment in subsidiary companies, which are not easily converted into cash.

Dividend Income

Income received from owning shares in a company, typically paid out from the company's profits.