A Sample's Representativeness Is

question 34

Multiple Choice

A sample's representativeness is

• A)more important to psychologists who are interested in relationships between variables.
• B)more important to sociologists who are interested in a population's mean and variance.
• C)equally important for both psychologists and sociologists.
• D)not at all important for either psychologists or sociologists.

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Definitions:

Carrying Value

The amount at which an asset is recognized on the balance sheet after deducting accumulated depreciation and impairment losses.

Inventory

Goods and materials that a business holds for the ultimate goal of resale.

Declared Dividend

A dividend that has been announced by a company's board of directors to be paid to shareholders on a specified date.

Net Assets

The total value of a company’s assets minus its liabilities, indicating the actual worth of the company’s equity.