The Primary Reasons for Using Nonprobability Samples When Conducting a Survey

question 44

Multiple Choice

The primary reasons for using nonprobability samples when conducting a survey include all of the following EXCEPT:

• A)the conclusions require a sample that is representative of the entire population.
• B)a limited time to collect data.
• C)a limited budget to collect data.
• D)the difficulty in recruiting a probability sample.

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Definitions:

Sales

The cumulative amount of money made by a business from selling its goods or services.

Average Collection Period

The average collection period is the average amount of time it takes for a business to receive payments owed by its customers for sales made on credit.

Accounts Receivable

Money owed to a business by its customers for goods or services delivered but not yet paid for.

Sales on Account

Transactions where goods or services are delivered with payment to be made at a later date, typically recorded as accounts receivable.