Which of the Following Statements Is Correct

question 79

Multiple Choice

Which of the following statements is correct?

• A)assets plus liabilities equal net worth
• B)assets plus net worth equal liabilities
• C)assets equal liabilities plus net worth
• D)liabilities minus net worth equal assets

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Definitions:

Random Sampling

A method in statistical analysis where individuals or items are selected from a larger population entirely by chance, ensuring that every member has an equal opportunity of being chosen.

Convenience Sampling

A non-probability sampling method where participants are selected based on their availability and proximity to the researcher.

Judgment Sampling

A sampling method where the samples are selected based on the opinion of an expert, rather than random selection.

Central Limit Theorem

A statistical theory stating that, given a sufficiently large sample size from a population with a finite level of variance, the mean of all samples from the same population will be approximately equal to the mean of the population.