The Items or Individuals of the Population Are Arranged in a File

question 59

True/False

The items or individuals of the population are arranged in a file drawer alphabetically by date received. A random starting point is selected and then every k^th member of the population is selected for the sample. This sampling method is called systematic random sampling.

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Definitions:

Canadian Dollars

The official currency of Canada, often symbolized as CAD or $, used in financial transactions within and outside of Canada.

Profit

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Ginger Ale

A fizzy beverage seasoned with ginger flavor.

Fruit Juice

A beverage made from the extraction or pressing of the natural liquid contained in fruit.