Which of the Following Statements Is True of the Sample

question 29

Multiple Choice

Which of the following statements is true of the sample size for nonprobability samples?

• A) The sample size formula must be adjusted for confidence level before it can be used for nonprobability samples.
• B) The sample size formula must be adjusted for error tolerance before it can be used for nonprobability samples.
• C) The sample size formula must be adjusted for population variance before it can be used for nonprobability samples.
• D) Determining the sample size for nonprobability samples requires a researcher to make statistical inferences about the true population parameters.
• E) Determining the sample size for nonprobability samples is usually a subjective, intuitive judgment made by a researcher.

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Definitions:

Projected Future Sales

Estimates of the amount of goods or services a company expects to sell over a future period.

Sustainable Growth Rate

The maximum rate at which a company can grow its earnings without needing to increase its financial leverage or equity financing.

Financial Statement

A written record that conveys the business activities and the financial performance of a company.

Debt-Equity Ratio

The measure indicating the dual use of debt and equity in the economic structuring of a company’s assets.