A Method of Selecting a Sample by Randomly Selecting the First

question 29

Multiple Choice

A method of selecting a sample by randomly selecting the first element and then selecting every k^th element thereafter is

• A)area sampling
• B)stratified sampling
• C)systematic sampling
• D)stratified simple random sampling

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Definitions:

Accounts Receivable

The outstanding invoices a company has or the money the company is owed by its clients.

PR Column

Likely refers to a reference or designation in accounting or bookkeeping but insufficient context for a precise definition. Could potentially mean "Posting Reference" column used to track entries in ledgers.

Sales Tax

A tax levied by a government on the sale of goods and services, collected by the retailer at the point of sale and passed on to the government.

Merchandise

Goods that are purchased for resale at a profit.