A Researcher Collects a Small Sample and Finds That He

question 108

Multiple Choice

A researcher collects a small sample and finds that he does not have sufficient evidence to draw a conclusion.He then takes additional observations and finds this evidence inconclusive.He continues making observations until a conclusion can be drawn.He is using

• A)random sampling.
• B)fixed sampling.
• C)sequential sampling.
• D)the principle of diminishing utility.
• E)nonprobability sampling.

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Definitions:

Depreciation Expense

The allocated amount of an asset's cost expensed over its useful life to represent wear and tear, obsolescence, or age.

EBIT

Earnings Before Interest and Taxes captures a business's earning power by including all costs except those related to interest and taxes.

Times Interest Earned

A metric that measures a company's ability to meet its debt obligations by comparing its income before interest and taxes to its interest expenses.

Current Assets

Resources anticipated to be exchanged for cash, disposed of, or utilized within a twelve-month period or over the usual duration of the company's operational cycle, if that period extends beyond a year.