In Probability Samples, the Probabilities of Each Element Being Included

question 23

Multiple Choice

In probability samples, the probabilities of each element being included must be

• A) known.
• B) nonzero.
• C) equal.
• D) known and equal.
• E) known and nonzero.

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Definitions:

Online Trading

The act of buying and selling financial products through an online trading platform.

Market Savvy

Possessing practical knowledge or understanding of the market, often used in the context of making smart business or investment decisions.

Day Trader

An investor who buys and sells securities within the same trading day, often taking advantage of small price movements.

Random Sampling

A statistical method for selecting a subset of individuals from a larger population in such a way that each individual has an equal chance of being chosen.