Which One of the Following Sampling Examples Would Generally Lead

question 37

Multiple Choice

Which one of the following sampling examples would generally lead to the least reliable statistical inferences about the population from which the sample has been selected?

• A)A random sample selected without replacement.
• B)A random sample selected with replacement.
• C)A voluntary response sample.
• D)A systematic sample.

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Definitions:

Cost of Goods Manufactured

The total cost incurred by a company to produce goods, including raw material, labor, and overhead costs, in a specific period.

Direct Labor Cost

The total cost of employing workers who are directly involved in the manufacture of goods or the provision of services.

Direct Materials

Primary materials directly linked to the production of a good and are categorized as variable expenses.

Cost of Goods Manufactured

The total cost of manufacturing the goods that were completed during a specific accounting period, including labor, materials, and overhead.