A Basic Principle of Probability Sampling Is That a Sample

question 23

Multiple Choice

A basic principle of probability sampling is that a sample will be representative of the population from which it is drawn if ____.

• A) all members of the population have an equal chance of being selected for the sample
• B) the researcher uses a method of selection based upon convenience
• C) every nth person is selected for the sample
• D) none of these answers are correct

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Definitions:

Retained Earnings

The portion of a company's profits that is kept or retained rather than distributed to shareholders or used to pay dividends.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and operating costs.

Dividend

A part of a company's profits paid out to its shareholders, often as cash or extra shares.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing corporation, reducing the amount of outstanding stock on the market.