In Which Type of Sampling Does Every Element in the Population

question 28

Multiple Choice

In which type of sampling does every element in the population have a known,nonzero probability of selection?

• A)absolute sampling
• B)relative sampling
• C)nonprobability sampling
• D)probability sampling

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Definitions:

Lagging Indicators

Metrics that reflect the results of economic activities, showing changes after the economy has already begun to follow a particular pattern.

Leading Indicators

Economic factors that change before the economy starts to follow a particular trend, used to predict the future movements of an economy.

Strategic Initiatives

Action plans that management implements to achieve strategic objectives.

Strategic Objectives

The specific, measurable goals that a company aims to achieve in order to execute its strategy and achieve its long-term vision.