Which of the Following Situations Is True with Respect to Sampling

question 26

Multiple Choice

Which of the following situations is true with respect to sampling?

• A)Sampling results in a tradeoff of efficiency for greater effectiveness.
• B)Sampling is most useful when the need for exact information is very important.
• C)A well-designed sample can appropriately limit the exposure to nonsampling risk.
• D)Sampling is more appropriate when the number of items comprising the population is relatively large.

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Definitions:

Rebate

A partial refund given to someone who has paid too much for tax, rent, or a utility.

Mailbox Rule

The mailbox rule is a legal principle that an offer is considered accepted once the acceptance is properly placed in the mail, even if it is lost or delayed.

Effective Upon Dispatch

Effective upon dispatch refers to the principle that certain actions, such as the sending of a notification or document, are considered effective from the moment they are sent, not when they are received.

Reasonable Expectation

refers to what an average person might foresee or predict as a likely outcome under certain circumstances, often used as a standard in legal and ethical considerations.