A(n)_____ Sample Is Characterized by Every Element in the Population

question 181

Multiple Choice

A(n) _____ sample is characterized by every element in the population having a known statistical likelihood of being selected.

• A) irregular
• B) probability
• C) nonprobability
• D) convenience
• E) piggyback

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Definitions:

Monthly Deposit

A fixed sum of money placed into an account at regular monthly intervals.

Interest

The cost of borrowing money or the return on invested capital, typically expressed as a percentage over a period of time.

Compounded Quarterly

Interest added to the principal of a deposit or loan so that the added interest also earns interest from then on. This compounding occurs four times a year.

Monthly Deposit

A fixed amount of money deposited into an account every month, often as a way to save or invest.