A Professor Wishes to Record Information on Some of His

question 6

Multiple Choice

A professor wishes to record information on some of his students for later use.He arrives to class early and samples the first five students that enter the room.Is this a simple random sample of size 5?

• A) yes
• B) no
• C) It depends on the information the professor seeks from the students.
• D) More information is needed to answer the question.

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Definitions:

Net Increase

refers to the change in a financial statement item that results in a higher amount compared to a previous period.

Cash Dividends

Payments made by a company out of its profits to its shareholders, typically in cash.

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment.