A Population Consists of 500 Elements

question 88

Multiple Choice

A population consists of 500 elements. We want to draw a simple random sample of 50 elements from this population. On the first selection, the probability of an element being selected is

• A) 0.100.
• B) 0.010.
• C) 0.001.
• D) 0.002.

---

Definitions:

Permatemp

A worker whose status is somewhere between a temporary and permanent employee, often without the full benefits of permanent status despite working long-term for an employer.

Base Compensation

The initial salary or wage provided to an employee not including any extra benefits such as bonuses or commissions.

Recency Bias

A cognitive bias that gives undue weight to recent events or information when making decisions.

Critical-Incident Technique

Critical-Incident Technique is a qualitative research method used to collect and analyze incidents which are perceived as particularly significant by participants, often to improve service or performance.