Samples Are Often Used to Infer Something About a Population

question 2

Multiple Choice

Samples are often used to infer something about a population rather than canvassing the population itself because they are typically

• A)cheaper than complete counts.
• B)faster than complete counts.
• C)more accurate than complete counts.
• D)Both a and b.
• E)a,b,and c.

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Definitions:

Capital Structure

The particular combination of debt and equity used by a company to finance its overall operations and growth.

Cost Structure

The mix of fixed and variable cost used by a firm.

Financial Leverage

Utilizing borrowed funds to amplify the prospective gains of an investment.

Operating Leverage

The degree to which a company uses fixed operating costs, affecting its earnings before interest and taxes (EBIT) with changes in sales.