If a Simple Random Sample of Size N Is Chosen

question 37

True/False

If a simple random sample of size n is chosen from a population of size N,then each member of the population has probability N / n of being chosen in the sample.

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Definitions:

Voting Trust

An arrangement where shareholders' voting rights are transferred to a trustee, usually for the purpose of ensuring unified action or to resolve conflicts.

Share Titles

The formal documents that serve as evidence of ownership of stocks or shares in a corporation.

Trustee

A person or firm that holds and administers property or assets for the benefit of a third party.

Business Judgment Rule

A legal principle that protects the decisions made by the board of directors of a corporation as long as those decisions are made in good faith, with due care, and in the best interests of the corporation.