Systematic Sampling Is Similar to Simple Random Sampling

question 22

Multiple Choice

Systematic sampling is similar to simple random sampling.Which of the statements below about systematic sampling does not relate to the systematic sampling and simple random sampling similarity?

• A) If the population elements are arranged in a manner unrelated to the characteristic to interest,systematic sampling will yield results quite similar to simple random sampling.
• B) The random numbers do not have to be matched with individual elements.
• C) Systematic sampling is a type of probability sampling.
• D) Each population element has a known and equal probability of selection.

Identify ethical dilemmas and understand ethical behavior in business practices.

Understand the implications of public opinion on the perception of ethical standards in various professions.

Recognize the importance of ethics in marketing and business decisions.

Understand the role of laws in shaping business ethics and ethical behavior.

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Definitions:

Accrued Interest

Accrued Interest is the interest that has been incurred but not yet paid or received as of a specific date.

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted for the investor's share of the investee's profits or losses.

Voting Stock

Shares of a company that grant the shareholder the right to vote on corporate matters and elect the board of directors.

Net Loss

Net loss occurs when a company's expenses exceed its revenues during a specific accounting period, resulting in a negative profit.