Why Is a Representative Sample Desirable

question 37

Multiple Choice

Why is a representative sample desirable?

• A) Such samples are random.
• B) Hypotheses can only be tested on representative samples.
• C) Only representative samples yield meaningful results.
• D) The more representative a sample is, the more generalizable the data.

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Definitions:

Gold Standard

A monetary system where a country's currency or paper money has a value directly linked to gold, ensuring stability and trust in the currency's value.

CVPs

Critical Value Points, significant markers or thresholds in a business or project that are vital for success.

Mass Market

A large group of customers with very similar needs and problems.

Toilet Paper

A soft paper product designed for personal hygiene and cleaning after using the toilet.