A Simple Random Sample Is

question 25

Multiple Choice

A simple random sample is

• A) any sample selected by using chance.
• B) any sample that gives every individual the same chance to be selected.
• C) a sample that gives every possible sample of the same size the same chance to be selected.
• D) a sample that selects equal numbers of individuals from each stratum.
• E) a sample that contains the same percent of each subgroup in the population.

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Definitions:

Well-defined

Clearly described or specified with no ambiguity, allowing for a precise understanding or interpretation.

Insider Trading

The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.

Moral Intelligence

The capacity to understand right from wrong and to behave based on the values that are accepted as ethical and good.

Personal Gain

Advantages or benefits obtained for oneself, often through self-interested actions.