ABC Ltd Has Made Credit Sales of $2 200,including GST

question 5

Multiple Choice

ABC Ltd has made credit sales of $2 200,including GST.ABC Ltd will credit sales revenue with:

• A)$1 800
• B)$2 200
• C)$2 420
• D)$2 000

---

Definitions:

Random Sample

A subset of a statistical population where each member has an equal chance of being chosen, ensuring the sample's representativeness.

Confidence Interval

A range of values derived from statistical analysis that is likely to contain the true value of an unknown parameter, expressed with a certain level of confidence.

Average Student

A term used to describe a student who achieves scores within the mid-range of the grading scale, neither excelling nor falling behind academically.

Random Sample

An ensemble of people picked from a bigger collection, where every member stands an equal opportunity to be chosen.