Which of the Following Statements Is False

question 95

Multiple Choice

Which of the following statements is false?

• A)Increasing the sample size will always reduce the size of the sampling error when the sample mean is used to estimate the population mean.
• B)Increasing the sample size will reduce the potential for extreme sampling error.
• C)Sampling error can occur when Differs from μ due to the fact that the sample was not a perfect reflection of the population.
• D)There is no way to prevent sampling error short of taking a census of the entire population.

---

Definitions:

Hybrid Compensation Policy

A compensation plan that combines elements of both fixed salaries and variable pay based on performance, aiming to motivate and retain employees.

Compensation Packages

The total combination of salary, bonuses, benefits, and any other form of financial reward provided to employees.

Market

The environment in which goods, services, and labor are exchanged, influencing prices, employment rates, and economic conditions.

Compensation Role

The function of compensation in an organization, focusing on how it attracts, motivates, and retains employees through monetary and non-monetary rewards.